I shamelessly lifted this from another list. Kinda cute.
Gary

Enron Explained:

Feudalism - You have two cows. Your lord takes some of the milk.

Fascism - You have two cows. The government takes both, hires you to take care of
them, and sells you the milk.

Communism - You have two cows. Your neighbors help take care of them and you share
the milk.

Totalitarianism - You have two cows. The government takes them both, denies they
ever existed and drafts you into the army. Milk is banned.

Capitalism - You have two cows. You sell one and buy a bull. Your herd multiplies,
and the economy grows. You sell them and retire on the income.

Enron Venture Capitalism - You have two cows. You sell three of them to your
publicly listed company, using letters of credit opened by your brother-in-law at
the bank, then execute a debt/equity exchange with an associated general offer so
that
you get all four cows back, with a tax exemption for five cows. The milk rights of
the six cows are transferred via an intermediary to a Cayman Island company
secretly owned by the majority shareholder who sells the rights to all seven cows
back to your listed company. The annual report says the company owns eight cows,
with an option on one more.


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