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The Enron Scandal

Date Submitted: 07/15/2004 08:33:13
Length: 1 pages (360 words)
Views: 134362

The Enron Scandal: Lessons Learned and Facts The Energy Company Enron got themselves into a load of trouble this year. They made some terrible decisions involving their money. Furthermore, there were a lot of lessons learned and facts that were involved with the whole fiasco. The first thing, and most important thing the Enron scandal had an effect was the job situation. Enron’s financial implosion has cost thousands of employees their jobs and leaves 14,000 …

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…general public who was being provided with electricity by Enron. These people are also investors who lost money in the company. A lot of people are in huge financial debt from the ignorance of these executives at Enron. Ten’s of thousands of people saw their pension and investment accounts depleted or destroyed. This scandal has had an enormous impact and it is still in the courts and will be for some time to come.

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