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Essay

Enron: The Terrible Scandal

Essay specific features

 

Issue:

Business

 

Written by:

Michael H

 

Date added:

October 1, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1085

 

Was viewed:

8624 times

 

Rating of current essay:

 
Essay content:

One of the most notorious and talked about examples of this includes the scandal of Enron. Enron used unethical business practices that caused their multi-billion dollar corporation to tumble, leaving thousands of workers without jobs or even their life-saved pensions. The tumbling also left investors deserving billions of dollars that may never be seen...
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According to Wikipedia (2006, ¶1), "Enron was one of the world's leading electricity, natural gas, pulp and paper, and communication companies, with claimed revenues of $101 billion in 2000." Enron was founded by CEO Kenneth Lay, who in 1985, merged Houston Natural Gas Co. with Nebraska based Inter-North (Wikipedia, 2006, ¶4)...
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