It’s been 20 years, to the day, since Enron Corp.
The energy-trading giant’s downfall, triggered by revelations of shady accounting practices, still reverberate throughout the business and political world today. The deceptive practices of its executives, some of whom served jailtime, helped spur the passage of federal laws and regulations designed to improve the accuracy of financial reporting.
Enron’s misdeeds in energy—its traders were found to have manipulated California’s recently deregulated electricity market, helping spark a crisis that led to ...
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