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This company lost over sixty billion dollars of stockholders' equity. They also lost employees lives savings when Enron filed bankruptcy. The loss caused the company to have a domino effect from top to bottom starting with CEOs down to the employees and their surrounding parties. Enron employees who were in the lower level of the operations were released from their duties while upper management received incentives. The incentives ranged from five hundred thousand dollars up to five million dollars each.
The first branch to investigate Enron was the Securities and Exchange Commission (SEC). The Securities and Exchange Commission opened an investigation on October 21, 2001...
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