Enron

Essay specific features

 

Issue:

Business

 

Written by:

Brendan B

 

Date added:

June 23, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 905

 

Was viewed:

1912 times

 

Rating of current essay:

 
Essay content:

It began as a company that shipped natural gas through pipelines. Its role changed rather quickly, as it became one of the nation's dominant energy traders. As the company grew in size, power, and reputation, Enron proceeded to engage in more complicated contracts and undertakings. Alleged illegal, off-the-balance-sheet transactions and partnerships were helping to conceal Enron's growing debt problem...
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Alleged illegal, off-the-balance-sheet transactions and partnerships were helping to conceal Enron's growing debt problem. By the time investors, employees, and the public learned of the company's crisis, the downward spiral was nearly unstoppable. Insiders and high-level executives at Enron knew all along about the company's financial secrets for quite some time...
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