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"Enron Collapse": The causes for the collapse of Enron Corporation.
The fall of the colossal entity called Enron has forever changed the level of trust that the American public holds for large corporations. The wake of devastation caused by this and other recent corporate financial scandals has brought about a web of new reforms and regulations such as the Sarbanes-Oxley Act, which was signed into law on July 30th, 2002. We are forced to ask ourselves if it will happen again. This essay will examine the
of errors, Energy giant scours books, finds $600 million unaccounted for, Houston Chronicle [3 STAR Edition], Houston, Texas, Nov 9, 2001, p. 01. [4] No Author listed, Timeline of Enron's Collapse, The Washington Post [Washingtonpost.com], Sept 30, 2004, Available at: http://www.washingtonpost.com/wp-dyn/articles/A25624-2002Jan10.html, Retrieved July 14, 2005 [5] Carrie Johnson, Federal Judge Approves Enron Bankruptcy Plan, The Washington Post [Washingtonpost.com], July 16, 2004, p. E03, Available at: http://www.washingtonpost.com/wp-dyn/articles/A53231-2004Jul15.html, Retrieved July 14, 2005
