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- Enron - Wikipedia
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas It was led by Kenneth Lay and developed in 1985 via a merger between Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger
- Enron scandal - Wikipedia
Enron's $63 4 billion in assets made it the largest corporate bankruptcy in U S history until the WorldCom scandal the following year [3] Many executives at Enron were indicted for a variety of charges and some were later sentenced to prison, including former CEO Jeffrey Skilling
- Enron scandal | Summary, Explained, History, Facts | Britannica
The Enron scandal was a series of events that resulted in the bankruptcy of the U S energy, commodities, and services company Enron Corporation in 2001 and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world
- What Was Enron? What Happened and Who Was Responsible
Enron was an energy company that became the subject of one of the largest accounting frauds in U S history The company used fraudulent accounting practices to inflate revenues and hide debt
- Enron: The Smartest Guys in the Room - Wikipedia
With the vision of transforming Enron from an energy supplier to an energy trader, Skilling imposes his Darwinian worldview on Enron by establishing a review committee that grades employees and annually fires the bottom fifteen percent, a process nicknamed within the company as "rank and yank"
- Kenneth Lay - Wikipedia
Kenneth Lee Lay (April 15, 1942 – July 5, 2006) was an American businessman and political donor who was the founder, chief executive officer and chairman of Enron He was heavily involved in Enron's accounting scandal that unraveled in 2001 into the largest bankruptcy ever to that date
- Enron Scandal and Accounting Fraud: What Happened? - Investopedia
Enron used special-purpose vehicles to hide its debt and toxic assets from investors and creditors The price of Enron’s shares went from $90 75 at its peak to $0 26 at bankruptcy
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