Search results
Aug 3, 2021 · By Lesley Curwen. Presenter, BBC Radio 4. I was crouching on the marble floor of a US Senate committee room, hunched over a recording machine, as witnesses swore to tell the truth about the...
Dec 2, 2021 · In early December 2001, innovative energy company Enron Corporation, a darling of Wall Street investors with $63.4 billion in assets, went bust. It was the largest bankruptcy in U.S. history....
Enron: The Smartest Guys in the Room, an award-winning 2005 documentary film that examines the collapse of the Enron Corporation Enron Scandal: Greed Led to Corporate Catastrophe Archived October 16, 2023, at the Wayback Machine
Apr 9, 2024 · Updated April 09, 2024. Reviewed by Julius Mansa. Fact checked by Marcus Reeves. Part of the Series. Guide to Financial Crime and Fraud. Before its demise, Enron was a large energy, commodities,...
Dec 3, 2001 · Enron, which became one of the world's dominant energy companies by reshaping the way natural gas and electricity are bought and sold, filed the largest corporate bankruptcy in American history...
Apr 5, 2021 · In a dizzying series of events over the next few months, the company’s stock price collapsed, its CEO resigned, a bailout merger failed, its credit was downgraded, the SEC began an investigation of its dealings with related parties, and it ultimately declared bankruptcy.
In October Enron shocked investors when it announced that it was going to post a $638 million loss for the third quarter and take a $1.2 billion reduction in shareholder equity owing in part to Fastow’s partnerships. Shortly thereafter the Securities and Exchange Commission (SEC) began investigating the transactions between Enron and Fastow’s SPEs.
