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Asked in Companies
What was Enron?
Enron was a Houston-based energy-trading and utilities company known for one of the biggest accounting frauds in history. The company filed for bankruptcy in 2001 and has since a symbol of corporate corruption. See related links for Answers.com references on Enron. ...
Asked in Banking, History of the United States, Stocks
What effect did the Enron scandal have on J.P. Morgan?
The U.S. Securities and Exchange Commission alleged that the company helped Enron set up complex financing, which allowed Enron to hide debt and make earnings and revenues look much better than the actual financial position ...
Which Houston-based energy company filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America?
The Enron Corporation which Fortune Magazine had called "Ameriica's most inovative Company" for six consecutive years before the fraud was diiscovered. ...
What fine did J.P. Morgan Chase have to pay for its involvement with Enron?
ultimately paid the Securities and Exchange Commission a fine of $135 million for contributing to the Enron fraud. As of 2004 the bank faced civil suits for causing unclear damages in financing the company. ...
What businesses start with the letter E?
· Eastman Chemical Company · Eastman Kodak · eBay · Eddie Bauer · Eli Lilly · Emerson Electric · Enron · ExxonMobil ...