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With corrupt executives and the help of their auditing firm, they have been able to provide investors with false financial information, which gave them a false picture of the company’s true state of affairs. The collapse of Enron has made thousands of employees lose their life savings in 401k plans, and company stock holdings. Investors were defrauded out of billions of dollars and everyone is asking the questions, “How did this happen, and can we prevent this from happening again?”
Company Background
In 1930, Northern Natural Gas, a Nebraska-based gas pipeline company was founded. By 1950, the company had doubled in size...
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