Enron

Essay specific features

 

Issue:

American History

 

Written by:

Charles E

 

Date added:

January 4, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 357

 

Was viewed:

8275 times

 

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Essay content:

Their acquisitions were growing exponentially. Enron had also been forming off balance sheet entities (LJM, LJM2, and others) to move debt off of the balance sheet and transfer risk for their other business ventures. These SPEs were also established to keep Enron's credit rating high, which was very important in their fields of business...
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These SPEs were also established to keep Enron's credit rating high, which was very important in their fields of business. Because the executives believed Enron's long-term stock values would remain high, they looked for ways to use the company's stock to hedge its investments in these other entities...
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