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Just like 9/11 Enron was a wake up call as well because when would we ever find out about the corporate corruption and how many more people would lose everything they had worked. The collapse of Enron and the conviction of its accounting firm, mark a critical juncture in American business and political life. Not only the accounting profession but also corporate America as a whole. With stronger Government oversight and stiffer penalties for those who break the law, the American people can start trusting the larger corporations again and have some reassurance that if they invest with that company that their stocks and assets will be safe with that company and this will strengthen economy even more...
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