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Enron: How they succeeded and how they failed

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Michael M

 

Date added:

December 19, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 2959

 

Was viewed:

9159 times

 

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Essay content:

For example, J.P Morgan recently announced that they had $500 million in unsecured loans to Enron. This is just one company that has been affected by the collapse of Enron. Many are being blamed, and this is still under investigation (Taub). Based on those falsified reports, investors and thousands of Enron employees decided to buy or hold the company's stock and options...
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Shortly after the discovery of the misrepresented profits, Enron's auditors at Arthur Anderson admitted that they had incorrectly approved the flawed profit and destroyed documents related to Enron, which is an accounting sin (www.about.com). It is apparent that they failed to disclose many of its lobbying expenses to congress last year as the energy trader headed towards this financial disaster...
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General issues of this essay:
Enron: How they succeeded and how they failed The Failed Corporate Culture of Enron Enron Scandal: Who Are Responsible for Enron?¦s Bankruptcy Enron and the fall of the company Enron & The Dabhol Power Company Failed Merger of DaimlerChrysler Enron Enron enron ENRON Enron Enron enron Enron Enron
 

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