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Enron Scandal facts

While investigating facts about Enron Scandal Summary and Enron Scandal Case Study, I found out little known, but curios details like:

A fondness for strippers saved Enron Executive Lou Pai ~$270 million. His infidelity led to a divorce, enabling him to sell Enron stock to cover a divorce settlement just before the Enron scandal broke.

how enron scandal happened?

From a high of 85,000 employees, the former Big 5 Accounting Firm Arthur Andersen is now down to around 200 as a result of their scandalous accounting practices at Enron. Most of their attention is now focused on the 100 ongoing lawsuits that were filed as a direct result of the Enron case.

What happened in the enron scandal?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is enron scandal summary. Here are 9 of the best facts about Enron Scandal Pdf and Enron Scandal Ppt I managed to collect.

what's enron scandal?

  1. Despite shredding documents to protect Enron from their accounting scandal, the Supreme Court unanimously reversed the conviction of the Arthur Anderson accounting firm due to improper instructions to the jury.

  2. The old Wall Street Enron scandal (insider trading) caused six witnesses to be murdered and created 23 millionaires who worked for the government - even when the company collapsed.

  3. One of the architects of the Enron scandal went on to speak about business ethics at universities.

  4. Jeffrey Skilling, the younger brother of Tom Skilling, of Chicagoland's WGN-TV Meteorology fame, was the former CEO of Enron and was indicted on 35 counts of fraud, insider trading, and other crimes related to the Enron scandal.

  5. Scandal-ridden Enron executives Kenneth Lay and Cliff Baxter who both "died" right before trial

  6. All of Enron's inter department e-mail's were posted as public domain after the scandal went down.

  7. Former scandal-ridden Enron executives Kenneth Lay and Jeffery Skilling. Both "died" before trial...

enron scandal facts
What was the enron scandal all about?

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