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Enron: The Smartest Guys In The Room
Essay specific features
Written by:
Claude C
Date added:
November 16, 2013
Level:
University
Grade:
A
No of pages / words:
7 / 1824
Was viewed:
3905 times
Rating of current essay:
Essay content:
This practice drove up their stock price to new levels, at which point the executives began to work on insider information and trade millions of dollars worth of Enron stocks. The executives and insiders at Enron knew about the offshore accounts that were hiding losses for the company; however, the investors knew nothing of this...
displayed 300 characters
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The executives and insiders at Enron knew about the offshore accounts that were hiding losses for the company; however, the investors knew nothing of this. As the scandal was revealed, Enron shares dropped from over $90 to less than $.50. Enron filed for bankruptcy on December 2, 2001.
Stakeholders and Conflicts of Interest
Modern corporations like Enron usually have multiple stakeholders with often conflicting interests and expectations...
displayed 300 characters
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