But the scandal I see in this corporate debacle is non-political; it's professional.

He is the 31st person to face charges over the corporate debacle that resulted in more than 6,000 people in Houston losing their jobs.

As a consequence of Enron and the other corporate debacles, in 2002 Congress passed the Sarbanes-Oxley Act.

"This is not one of the great corporate debacles," Mr. Kramer said.

FOR the strong hearted, there is no buying opportunity to match a corporate debacle.

In the old days - before Enron, WorldCom and other recent corporate debacles - that was considered a drawback, something that would hinder career progress and foster boredom.

Even those involved in notorious corporate debacles can still find a warm welcome in the occasional boardroom.

That was seen as undermining the commission's authority as the stock market was reeling from corporate debacles, including Enron's.

As in other recent corporate debacles, the fat opportunity for shareholder lawsuits has started a race to the courtroom by lawyers looking for fees.

But now, a staggering rush of corporate debacles is raising a disturbing question: can capitalism survive the capitalists themselves?