Parmalat: Europe's Enron

Discussion points.

In a response not to exceed provide a response to the following questions:

1. How was it possible for Parmalat managers to "cook the books" and hide it for so long?

2. Investigate and discuss the role that international banks and auditors might have played in Parmalat's collapse.

3. Study and discuss Italy's corporate governance regime and its role in the failure of

Parmalat.