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Andrew Fastow, CFO who was the chief financial officer of Enron.
Enron merged Houston Natural Gas in 1985 with another natural gas pipeline to create Enron. The intent from the beginning was to expand beyond just selling and transporting gas. The company was moving toward the newly deregulated markets. The deregulated markets were not governmental control. The company moved toward every deregulated energy market they could find. For example, the same way that the farmers market works is the same way that Enron bought and sold electricity and gas.
When the oil prices began to fall like dew in the 80’s the buyers switched from natural gas to fuel oil, the vision was set for the deregulated markets, and they refused to let anything obstruct their vision...
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Common topics in this essay:
- Accounting Assets
- Capital Assets
- Enron and the fall of the company
- Misappropriation of Assets
- The Importance of Intangible Assets
- The Rise And Fall Of Enron
- The Rise And Fall Of The J. Peterman Company
- Non Performing Assets
- Separation of assets in Florida
- Capital Assets Pricing Model
- Owner's Equity
- Air Bags - Assets Or Assault
- RISE AND FALL OF ENRON
- Impacting Laws, Regulations And Contractual Obligations For Critical Information Assets
- Management of intellectual assets by organisations
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