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An Enron manual of ethics from July 2000, about a year before the company collapsed. Enron's complex financial statements were confusing to shareholders and analysts. [1]: 6 [10] When speculative business ventures proved disastrous, it used unethical practices to use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.
A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke. ... News. Science & Tech. Shopping. Sports. Weather ...
Andersen Consulting was once one of the top names in professional services. The firm rebranded to Accenture in 2000, and its parent company went bust following the Enron scandal.
An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger.
Hopefully, Enron’s new owners will avoid the catastrophic deceit that led to the company’s collapse in the first place. This story was originally featured on Fortune.com Show comments
Conspiracy of Fools tells the story of the 2001 collapse of Enron.Enron's Chief Financial Officer (CFO) Andrew Fastow is depicted as voraciously greedy, using front corporations and partnerships, paying himself "management" and "consultant" fees as if he were an outsider, all while cooking Enron's books to show fictitious profits.
Enron was an American energy, commodities, and services company based in Houston, Texas. In 2001, Enron collapsed in a market-shaking bankruptcy amid revelations that the company had grossly ...