Company goes belly up. Investors take a bath. Bigwigs had been cashing out for months and managed just fine.
Sound familiar? Enron?
No. But close. We’re talking about Comdisco Inc., which went into bankruptcy last July.
Comdisco’s CEO Norman P. Blake, Jr. sits on the Enron Board.
(For more details, see Crain’s Chicago Business, July 23, 2001, p.6)