Enron

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Title: Enron

Essay Details:

Subject: Business

Author: Wilma B

Date: March 31, 2015

Level:

Grade: A

Length: 4 / 1015

Essay text:

That completely admitted that they had inflated their profits by hiding debt in confusing partner agreements. Enron could not deal with their debt so they did the only thing that was left to do, they filed for chapter 11 bankruptcy. This went down as one of the largest companies to file for bankruptcy in the history of the United States. In just three months their share price dropped from $95 to below $1. No recent events caused any of their troubles to surface. They were having a difficult time so they decided to restate their funds for the past four years. When they did this, it showed huge differences of money from what they had posted and what they restated it as...

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