when was it established?
1985
Enron
. It was founded in 1985 as a merger between Houston Natural Gas and InterNorth, both relatively small regional companies.
which of the following is true regarding revelations involving enron and worldcom UNANSWERABLE what is this enron scandal all about? It was an accounting scandal of Enron Corporation. what went wrong in the accounting department? Chief Financial Officer Andrew Fastow and other executives misled Enron's board of directors and audit committee on high-risk accounting practices and pressured Arthur Andersen to ignore the issues. who all worked in the company's accounting department? Jeffrey Skilling,  Andrew Fastow and  Arthur Andersen. which educational institutions did the first person attend? He graduated from West Aurora High School and received a full scholarship to Southern Methodist University in Dallas, Texas what was his professional designation in the organization he worked? CEO what were the legal proceedings charged against him? He was indicted on 35 counts of fraud, insider trading, and other crimes related to the Enron scandal was he imprisoned after this scandal? He was sentenced to 24 years in prison. around which year did this scandal take place? 2001 what were the legal charges filed against the second person who worked in the accounting department of that company? He was indicted by a federal grand jury in Houston, Texas, on 78 counts, including fraud, money laundering, and conspiracy. what was the punishment he received for his wrongdoings? He was finally sentenced to six years what business was that company he worked dealing with? It was an American energy, commodities, and services company.
wiki:7718835
Enron [SEP] Introduction
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. It was founded in 1985 as a merger between Houston Natural Gas and InterNorth, both relatively small regional companies. Before its bankruptcy on December 3, 2001, Enron employed approximately 29,000 staff and was a major electricity, natural gas, communications and pulp and paper company, with claimed revenues of nearly $101 billion during 2000. "Fortune" named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systemic and creatively planned accounting fraud, known since as the Enron scandal.