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Jan 18, 2006 · Jan. 18, 2006. A chronology of Enron Corp. and criminal cases emerging from its collapse: 1985 - Houston Natural Gas merges with InterNorth to form Enron, HNG CEO Kenneth Lay becomes CEO of...
The Enron scandal was a series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation in 2001 and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world.
The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. When news of widespread fraud within the company became public in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen – then one of the five largest audit and accountancy partnerships ...
Aug 1, 1990 · Jeffrey Skilling assumes job as chairman and chief executive of Enron Finance. December 3, 1990. Andy Fastow is hired by Skilling for a position in Enron's new finance business. January 30, 1992. The SEC allows Enron to use mark-to market accounting instead of traditional, accrual accounting.
Jul 5, 2006 · Ken Lay, the founder of Enron Corp. who faced life in prison for his role in the Texas energy giant's collapse, is dead at 64 of a heart attack. We offer a chronology of Lay and his company, from...
Apr 5, 2021 · This spring marks the 20th anniversary of the beginning of the dramatic and cataclysmic demise of Enron Corp. A scandal of exceptional scope and impact, it was (at the time) the largest bankruptcy in American history. The alleged business practices of its executives led to numerous individual criminal convictions. It was also a principal ...
Jun 3, 2024 · The Enron scandal drew attention to accounting and corporate fraud, as shareholders lost $74 billion in the four years leading up to its bankruptcy, and its employees lost billions in pension...
