In more Enron Corp. backlash, reports surfaced last Wednesday that Circuit City's stock price was being negatively affected because, among other issues, equity investors were concerned with the company's use of securitization as a funding technique.

The jittery equity markets have been penalizing any company that appears to have accounting issues, and in this case, according to an article appearing on the, investors were unnerved because Circuit City's financial statements are "complicated."

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.