Enron

In August of 2000, Enron's stock price hit its highest value of $90. It was at this point in time that Enron's executives, who possessed the inside information of the hidden losses, began to sell their stock. At the same time, the general public and Enron's investors were told to buy the stock, as the sky was the limit. Enron's executives told the investors that the stock would continue to climb until it reached possibly into the $130 …

…right to lie to the public about what was really going on, and encouraging others to buy Enron's stock while he was currently selling his. A lot of people had their lives invested in Enron and deserved to know what was going on before everything blew up. ***The professor wanted me to use more of my point of view.*** References: (2006). Enron corporation. Retrieved 05 8,2006, from Wikipedia Encyclopedia Web site: http://en.wikipedia.org/wiki/Enron_Corporation