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But at the time, the opaqueness created uncertainty and the uncertainty was enough to cause the meltdown.
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There's a general opaqueness in online leaking, which isn't surprising, given all the stresses involved in the practice.
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What happens next is hard to predict, not least because of Enron's opaqueness.
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If banks and regulators were delivering good results, nobody would mind their opaqueness.
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Because of the opaqueness of municipal accounting, it is hard to say just how dependent town halls now are on building.
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"The sheer complexity, opaqueness and systemic risks embedded in the new markets have enormously complicated both official and private responses, " Volcker pointed out.
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But now, in a Washington that has elevated the concept of self-unawareness to an art form, the SEC has ruled in favor of a regulation that ensures opaqueness when it comes to the true value of stock prices.
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"I think Joyce Banda has (an) amazing opportunity now to open it up, to allow this to be done in a more accountable way so that there isn't the opaqueness, there's more transparency and we can avoid the spiraling inequalities which occur through oil wealth, " he said.
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