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 ...
With this in mind, in the months leading up to Enron's collapse, Lay encouraged employees to buy stock and 'talk up' the idea ...
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 ...
The 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 ...