Saturday, 22 December 2012

Corporate Scandals - Enron

Enron grew to be America's seventh largest company, employing 21,000 staff in more than 40 countries in just 15 years. It started out as a pipeline company, and transformed itself into an energy trader, buying and selling power. Among other businesses, Enron was engaged in the purchase and sale of natural gas, construction and ownership of pipelines and power facilities, provision of telecommunications services, and trading in contracts to buy and sell various commodities. It expanded into

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