Securities and Exchanges

  • Corporate Governance: Unbridled Ambition, Shameless Greed
    Marzena Czarnecka of Lexpert

    Enron Corp. was going to be the biggest company in the world. Through its aggressive transactions, it almost did it. Almost. It was the seventh-largest company in the United States when, in December 2000, it claimed it was going to triple its already obscene profits over the next two years. A year later, Enron 'imploded in a wave of accounting scandals'-as whistleblower Sherron Watkins had prophesied-and filed for bankruptcy.

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