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  • Enron Employees
    1,241 words
    Integrative Case - The Downfall of Enron Part I 1. Ken Lay served as CEO and chairman and Jeffrey Skilling also served as CEO. They both were responsible for planning, organizing, controlling and leading the company. They set goals for the company and organized how they would be achieved. Kay's role was as the figurehead and the leader. He also served as the spokesperson for the company and made many of the decision on the future of the company. As CEO's they both possessed effective communicati...
  • Enron Like Many Other Companies
    5,709 words
    Enron On the surface, the motives behind decisions and events leading to Enron's downfall appear simple enough: individual and collective greed born in an atmosphere of market euphoria and corporate arrogance. Hardly anyone-the company, its employees, analysts or individual investors-wanted to believe the company was too good to be true. So, for a while, hardly anyone did. Many kept on buying the stock, the corporate mantra and the dream. In the meantime, the company made many high-risk deals, s...
  • Mr Fastow
    2,828 words
    Abstract: Ray Bowen, a Citigroup banker at the time and now Enron's chief financial officer, once asked Mr. [Andrew Fastow] about a batch of complex equations that filled a whiteboard in the conference room next to the Mr. Fastow's office. 'You can't tell me you understand those equations,' Mr. Bowen commented to Mr. Fastow. Mr. Fastow replied: 'I pulled them out of a book to intimidate people. ' The Fastows headed to Mrs. Fastow's native Houston in 1990, both taking jobs at a young company call...
  • Enron Through Its Subsidiary Enron Energy Services
    1,729 words
    Company Background Enron is the story of the largest bankruptcy in the history of the United States. Through a variety of accounting tricks relating to partnerships, the company was able to inflate its profit and lower its debt. Enron executives earned millions through these partnerships and by selling stock before its demise while employees lost pension plans and retirement funds and stockholders lost value. In 1985, the merger of Houston Natural Gas and Inter North of Omaha, Nebraska formed En...
  • Management Style Of Enron
    1,030 words
    In today's society of dot com companies you see many organizations rise and fall everyday. It is not a big surprise to see e-commerce companies fall after only weeks, months, or even a few years. However when you see a tried and true steadfast company filing a Chapter 11 people are mystified. The company Enron was one of these pillar companies, whose financial demise shocked America in particular. The world and people in general were in awe to find out that this company was in fact filing for ba...

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