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What's at heart of Enron case, accounting or 'lies and choices'?

Essay specific features

 

Issue:

Business

 

Written by:

Julio H

 

Date added:

June 3, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 717

 

Was viewed:

5861 times

 

Rating of current essay:

 
Essay content:

"This place was infested with accountants and lawyers, so it is about accounting," the lawyer, Daniel Petrocelli said. The role of accounting will not be the only distinction between the approach of the two sides to the case. Whereas Hueston described Enron as a "ticking time bomb" and said the executives had lied to investors and analysts about the true state of the company's finances, Petrocelli characterized Enron as a successful and healthy enterprise that was brought down by a "punishing drain on its liquidity...
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Whereas Hueston described Enron as a "ticking time bomb" and said the executives had lied to investors and analysts about the true state of the company's finances, Petrocelli characterized Enron as a successful and healthy enterprise that was brought down by a "punishing drain on its liquidity. "This is not a case of hear no evil and see no evil," Petrocelli said...
displayed 300 characters

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