Title: Collapse Of Enron
|Date:||January 27, 1996|
|Length:||14 / 4100|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
In 1999, Enron moved its operations online, boasting the largest online trading exchange as one of the key market makers in natural gas, electricity, crude oil, petrochemicals and plastics. Enron diversified into coal, shipping, steel & metals, pulp &paper, and even into such commodities as weather and credit derivatives...
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Enron diversified into coal, shipping, steel & metals, pulp &paper, and even into such commodities as weather and credit derivatives. At its peak, Enron was reporting revenues of $80 billion and profits of $1 billion.
ENRON’S “BUSINESS MODEL”:
More than two months after Enron filed for bankruptcy, the stench of scandals refused to die...
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