No, Nvidia is Not Enron –The Real Nightmare is Cisco’s Ghost

24/7 Wall St. Nvidia (NASDAQ:NVDA) recently found itself in the unusual position of distributing a defensive seven-page rebuttal to Wall Street analysts, directly countering accusations of Enron-style accounting. The document, obtained by outlets like Barron's and Business Insider, dismisses claims of hidden debt, inflated revenue through special purpose vehicles, and vendor financing schemes akin to those that sank Enron, WorldCom, and Lucent in the early 2000s. Though it doesn't name him outright, the m ...