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Essay

CMS Energy Scandal and Rebound

Essay specific features

 

Issue:

Business

 

Written by:

Karen P

 

Date added:

March 1, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1246

 

Was viewed:

268 times

 

Rating of current essay:

 
Essay content:

Likewise, CMS overstated MS&T's reported energy-trading volume by 78% in 2000 and 72% in 2001. The round trip trades inflated CMS sales and influenced stock prices. As pressure grew on companies to increase their trading activity, these wash trades apparently became a common practice. Along with CMS Energy, Duke Energy, Dynegy Inc...
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Likewise, CMS overstated MS&T's reported energy-trading volume by 78% in 2000 and 72% in 2001. The round trip trades inflated CMS sales and influenced stock prices. As pressure grew on companies to increase their trading activity, these wash trades apparently became a common practice. Along with CMS Energy, Duke Energy, Dynegy Inc...
displayed 300 characters

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