History tells us that Enron’s woes were essentially concealed by high-risk accounting and auditing practices. When the US Securities and Exchange Commission investigated the bankruptcy, they found ...
Before its demise, Enron was a large energy, commodities, and services company based in Houston, Texas. Its collapse affected ...
Lay urged staff to talk up Enron and even suggested they tell family and friends to buy in. His upbeat message came just ...
In the fall of 2001, as Enron’s internal problems mounted and its stock price tumbled, Chair Kenneth Lay told employees the opposite of what was really going on. “The company is fundamentally ...
Along the way, we watch Enron game California's deregulated electricity market, get a free pass from Arthur Andersen (which okays the dubious mark-to-market accounting), use greed to manipulate ...
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'Permanently tainted': What the Enron name means to readers impacted by its collapseThe loss of public trust in American financial institutions is a problem that hasn’t improved since Enron’s downfall, according to Mark Lee ... The company had the market dominance of Google ...
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