Enron

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Title: Enron

Essay Details:

Subject: Business

Author: Jared T

Date: August 1, 2013

Level: University

Grade: A

Length: 4 / 905

Essay text:

It began as a company that shipped natural gas through pipelines. Its role changed rather quickly, as it became one of the nation's dominant energy traders. As the company grew in size, power, and reputation, Enron proceeded to engage in more complicated contracts and undertakings. Alleged illegal, off-the-balance-sheet transactions and partnerships were helping to conceal Enron's growing debt problem. By the time investors, employees, and the public learned of the company's crisis, the downward spiral was nearly unstoppable. Insiders and high-level executives at Enron knew all along about the company's financial secrets for quite some time...

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