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April 15, 2020
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Enron Scandal

Enron started as a small natural gas transmission service. When the government banned the transmission of this gas, the owners found a workaround. But with the ban came a dramatic decrease in profits. They used a technique “mark to market accounting," starting a huge fraud that stole nearly 74 billion from the company's shareholders.
Created by  Owen  ⟶ Updated 1 months ago ⟶ List of edits
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