The subject of this article is the implications of a choice between direct and indirect investments for a short-term private investor. The purpose of this article is to produce a review of scientific research, conducted on the topic, and with its help to define short-term private investors' necessities and to examine money market instruments versus money-market mutual funds as tools for short-term private investors. The conducted analysis of the recent research publications has shown that theshort-term private investors require high liquidity low risk instrument and can tolerate comparatively low returns, and that the best tools for such investments are money market instruments. During the research, we noted the trade-off between the T-bills and commercial papers with regards to risk, liquidity and yield, and considered the benefits of indirect investments via MMMFs; however, we came to the conclusion that the riskiness of such investments outweighs their benefits.

The subject of this article is the case of Enron and its interrelations with the financial markets. The purpose of this article is to produce a review of scientific research, conducted on the Enron case, and with its help to analyse the case from the distance of almost two decades. This article provides an analysis on the role financial instruments played in the downfall of Enron, the broader market effects resulting from the rise and fall of Enron and recommendations of risk mitigation techniques that could have been applied to minimize Enron's risk profile. The work is exploratory in nature and is based on an extensive review of earlier relevant studies on the various aspects of the Enron case and its interrelation with financial markets. The conducted analysis of the recent research publications has shown that financial instruments and the lack of legislation and accounting standards, regulating the involved transactions, played a crucial role in Enron's downfall.

This article provides an analysis on the key role players from the inception to the demise of the Savings and Loan market, shortfalls of the regulation which affected the Savings and Loan market and the level of regulation of the Garn