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Tuesday, January 14, 2014

Enron

Enron Executives at high-flying Enron Corp. (ENE ) never seemed overly concerned with how the rest of the gentlemans gentleman beings viewed their business practices. Earlier this year, the California Attorney General had to pond a court order to collect documents in an industrywide canvass into energy price fixing. And when an analyst challenged former CEO Jeffrey K. Skilling in a conference call to produce Enrons balance sheet, Skilling called him an ass----.
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Still, stock-still some Enron executives worried that the company had gone too cessation with two complex partners hips set up in 1999 to plug company assets and hedge investments. With Enrons then-chief financial officer acting as general manager of the partnerships and in a position to in person benefit from their investments, the potential for a conflict of enkindle and backfire from investors seemed overwhelming. Internally, everybody said this is not a good idea, says a ascendent close to the company. But no one could study predicte...If you ask to get a full essay, order it on our website: OrderCustomPaper.com

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