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Enron
Essay specific features
Written by:
Charles E
Date added:
January 4, 2014
Level:
University
Grade:
A
No of pages / words:
2 / 357
Was viewed:
8679 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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