Here is the assignment with only substantive edit revisions shown (all proofing and prior copyedit changes have already been made). Hold your mouse over shaded areas to see comments explaining the purpose of each change and query.
The Enron situation has everyone concerned about the lack of financial controls in placeQUERY: In place where? Is my guess "at companies" the correct addition? Greater specificity here gives more clarity of meaning., and whether there will be other Enron-related accounting disasters. Certainly earnings quality is a concern for investors
, and tSUGGESTION: Break into two sentences because second half of original sentence doesn't flow directly from first half – it is a separate thought.he Enron fiasco has only heightened investor sensitivity at a time when the market is already struggling with valuation issues. TSI believes that over the short term, the market will SUGGESTION: Add "indeed" to mark author's agreement with implied question ('What will happen in the market?').continue to decline , bSUGGESTION: Break into two sentences because original sentence contained more thoughts than could be easily digested at once.ut eventually the market will snap back because the market is overreacting to EnronSUGGESTION: Add "the…debacle" to be more specific (and secondarily to add color)..
First, Enron was a concept company, not a product company, and there <expand?QUERY: To help readers understand what a "concept company" is, please add more here about what this type of company is, or is not.>. Further, there are few if any other companies with an Enron type of balance sheetQUERY: Please summarize what characterizes this unique "Enron type of balance sheet.".
It is unlikely that other Enron-related companiesQUERY: Do you mean 'companies similar to Enron' here? will emergeSUGGESTION: Add "that fit…" to add context that clarifies and supports the assertion about the unlikelihood that similar companies will emerge.. No question—Enron was a horrible catastrophe that will impact the lives of many people for many years to come. The market and investors are responding to three very negative and somewhat unrelated events that have frayed investors' nerves: the terrorist attacks of September 11, 2001, the most severe bear market for technology stocks ever, and now Enron’s implosion. Over time, TSI believes that the market can SUGGESTION: Change "can repair" to future tense "will repair" as the stronger statement, assuming you believe that the market will succeed in repairing this damage.repair the damage from these events and overcomSUGGESTION: Change to "overcoming" to show causality rather than just a concurrent action. e current short-term uneasiness. The recession will end, investors will return to the marketSUGGESTION: Delete "to the market" because not needed – the meaning is clear without it., and hopefully our world is becoming a safer place for our children as the United States and other countries focus on curtailing terrorism.