What was meant by Daniel Scotto's title of his Enron Report "All Stressed Up and No Place To Go"?
Question #102832. Asked by flem-ish.
Last updated Feb 18 2017.
zbeckabee
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The first analyst to publicly disclose Enron's financial flaws was Daniel Scotto. In August 2001 he downgraded Enron securities from "Buy" to "Neutral," four months before the Enron accounting scandal was revealed that led to the company's bankruptcy. (He claims he was fired due to this decision.) Also that month, Scotto published a report titled "All Stressed-up… And No Place To Go." In it he encouraged investors to sell Enron stocks and bonds at any and all costs -- in other words, Enron was looking all "spiffy," but headed absolutely nowhere … except for collapse … stress city.
The article title is a play on the saying "all dressed up and nowhere to go," which idiomatically means to be "fully prepared for an anticipated situation or activity which, nevertheless, fails to occur."