Business

Business

Thursday, June 4, 2015

Enron

Enron was a very successful company that was very innovative in the late 20th century. Yet soon it was known only as a gigantic scandal. Enron claimed that they provided natural gas to places. It was corrupted by mismanagement. Andrew Fastow the Chief Financial Officer played a big roll in the companies schemes. Other people that played a big roll was a middle man who was on the contacting side. They were stealing money from other companies. A criminal investigation was launched over all the bankruptcy and the company was shut down for good. They were involved in California's energy problems and the company was no good.

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