Enron and its Shortcomings
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Title: Enron and its Shortcomings

Essay Details:

Subject: Business
Author: Ada H
Date: January 5, 2013
Level: University
Grade: A
Length: 3 / 873

Essay text:

Some of these things that he, and Enron, were able to take advantage of were the setups of special purpose entities. They would setup these special purpose entities and have either their friends or employees to invest in these special purpose entities so that Enron my say that their debts and liabilities are actually under the special purpose entities and not of Enron. This made it look like Enron didn't have as much debt as it should have had. A second practice in the accounting methods that were not ethical was their manipulation of their revenue. What they did was to make either their earnings more or inflating their stock...

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