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Essay

The Enron Scandal

Essay specific features

 

Issue:

Business

 

Written by:

Samuel S

 

Date added:

November 21, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 815

 

Was viewed:

4417 times

 

Rating of current essay:

 
Essay content:

In 1985, Kenneth Lay, CEO of Houston Natural Gas Company devised a transaction for InterNorth to purchase Houston Natural Gas. Lay was named CEO of the new company and changed InterNorth's name to Enron Corporation. This newly developed company originally was involved in distributing gas and electricity throughout the United States, and operation of power plants and pipelines worldwide...
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This newly developed company originally was involved in distributing gas and electricity throughout the United States, and operation of power plants and pipelines worldwide. In fifteen short years Enron became the nation's seventh largest company, but the company's growth was due to several illegal activities...
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