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Enron
Title: Enron
Category: Literature / English
Details: Words: 716 | Pages: 3.0 (approximately 235 words/page)
Enron
An old saying is history will always repeat itself. Yes we remember California and the high cost of electricity. Yes we remember ENRON and its chairman Kenneth Lay. “ It is the largest electricity marketer in North America, yet it produces almost no power, it is the world’s biggest natural gas trader, yet it doesn’t dirty its hands. It provides financial services, but not like banks or brokerages that have come before. It ENRON …showed first 75 words of 716 total…
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…showed last 75 words of 716 total…being asked about how Mr. Lay was able to quietly sell stock all through last year while, as late as September, rallying staff with the advice that it was” an incredible bargain”.
The Enron Corporation dismissed 4,000 employees and lined up .5 billion in financing yesterday to keep its main business on life support. A company, once the world’s largest energy trader, sought chapter 11 protection. Lights out: Enron’s Failed Power Play. A Star has Fallen.
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