A Mini-Enron on Every Corner?

Authors :: Eichenwald, Kurt
Source :: New York Times. 5/29/2005, Vol. 154 Issue 53229, Section 3 p1-9. 2p. 1 Color Photograph, 1 Black and White Photograph.
Publication Year :: 2005
Abstract: Focuses on Con-Tex Silver Imports, a successful wholesale jewelry business in Texas run by brothers David and Greg Gordon. Background on the company; How the venture imploded and tore the family apart; Issues of mismanagement and potential criminality; Question of how a small company could be wrecked so quickly; Suggestion that this type of thing happens frequently; Existence of such companies outside the radar of public scrutiny; Perception of Con-Tex as an example of the abuses that are possible in the sale of unregistered securities under Rule 504 of federal securities laws; Overview of the Con-Tex story.