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Essay

Enron Scandal

Essay specific features

 

Issue:

Business

 

Written by:

Hilda H

 

Date added:

December 28, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1747

 

Was viewed:

3659 times

 

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Essay content:

Profits that had been soaring sky high were wiped away and replaced with enormous losses and charges that were never recorded properly. Unfortunately, Enron executives who were responsible for the shady accounting practices, were able to escape this debt by selling off most or all of their shares in the company (valued at over 10 million dollars) before the stock price fell greatly...
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Unfortunately, Enron executives who were responsible for the shady accounting practices, were able to escape this debt by selling off most or all of their shares in the company (valued at over 10 million dollars) before the stock price fell greatly. They also froze employee's pension plans, and many people lost their jobs in the wake of the collapse and found out their retirement was history (Anonymous, 2002)...
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General issues of this essay:
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