The Unethical and Illegal actions of Enron.
Date Submitted: 09/21/2003 08:47:10
On October 21, 2001, one of the largest energy companies in the world
filed for Chapter 11 bankruptcy after restating their earnings report for the past
two calendar years. Enron, the energy conglomerate had to restate its earnings
because of severely inaccurate book keeping of nine billion dollars.
Clearly, the U.S economy had heroic success during the mid to late
90's. More specifically, the economy had grown because of the influx of the modern
technology, extremely low
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is more obvious
in the financial markets by way of the stock market indices losing more than 35% of
its value over the past two years.
Bibliography
Benjamin, Matthew, (2002). U.S.News & World Report. New York: Periodicals
Cheeseman, Henry, (2002). Contemporary Business Law. New Jersey:
Prentice Hall Publications.
Ehrenreich, Barbara, (2002). Nickle and Dime. New York: Metropolitan Books.
Fox News, (2001). Lawsuits: Enron Earnings Restated. New York: Associated Press.
Trevino, Linda, (1999). Managing Business Ethics. New York: Wiley
Publications.
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