Enron

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Definition of 'Enron'

A U.S. energy-trading and utilities company that housed one of the biggest accounting frauds in history. Enron's executives employed accounting practices that falsely inflated the company's revenues, which, at the height of the scandal, made the firm become the seventh largest corporation in the United States. Once the fraud came to light, the company quickly unraveled and filed for Chapter 11 bankruptcy on Dec. 2, 2001.
Investopedia Says

Investopedia explains 'Enron'

Enron shares traded as high as $85 before the fraud was discovered, but plummeted to $0.30 in the sell-off after the fraud was revealed. Shareholders received company payouts as compensation for their losses, but former company executives also settled to pay shareholders out of their own pockets. Enron was the first big-name account scandal, but it was soon followed by the uncovering of frauds at other companies such as WorldCom and Tyco International, and has become a symbol of modern corporate crime.

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'Enron'

  • The Enron Collapse: A Look Back - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/The-Enron-Collapse-A-Look-Back.aspx
    ... The Enron Collapse: A Look Back. ... Deregulation of the energy markets allowed companies
    to place bets on future prices, and Enron was poised to take advantage. ...
  • Enron: The Fall Of A Wall Street Darling

    http://www.investopedia.com/articles/stocks/09/enron-collapse.asp
    Enron is a classic example of greed gone wrong and how investors were led
    astray. ... Enron: The Fall Of A Wall Street Darling. December ...
  • Business Owners: Avoid Enron-esque Retirement Plans

    http://www.investopedia.com/articles/analyst/011802.asp
    Business Owners: Avoid Enron-esque Retirement Plans. ... Meeting Date, Start Time, End
    Time, Meeting Length, Enron Closing Price, % of Jan. '01 Price. 01/02/01, $79.86 ...
  • Wall Street History: Howard Hughes, Enron And Sin Taxes ...

    http://financialedge.investopedia.com/financial-edge/0410/Wall-Street-History-Howard-Hughes-Enron-And-Sin-Taxes.aspx
    ... Wall Street History: Howard Hughes, Enron And Sin Taxes.
    Posted: April 6, 2010 2:38PM by Andrew Beattie. ...
  • What was the Mahonia company and why did it become the subject of ...

    http://www.investopedia.com/ask/answers/09/mahonia-enron-jp-morgan.asp
    ... Unfortunately for Mahonia, more than half of its business was with Enron. ... As Enron's
    financial troubles increased, they asked Mahonia to buy more. ...
  • Detecting Financial Statement Fraud

    http://www.investopedia.com/articles/financial-theory/11/detecting-financial-fraud.asp
    Find out how to tell if a company is manipulating its financial
    data, so you don't invest in the next Enron. ...
  • The Biggest Stock Scams Of All Time

    http://www.investopedia.com/articles/00/100900.asp
    ... Enron, 2001 Prior to this debacle, Enron, a Houston-based energy trading company
    was, based on revenue, the seventh largest company in the US Through some ...
  • Biggest Stock Scams Slideshow | Investopedia

    http://www.investopedia.com/slide-show/biggest-stock-scams/2001-enron.aspx
    ... worthless. Major pension funds in Quebec and Ontario, which had invested heavily
    in the stock, lost millions. 2001: Enron. This Houston ...
  • Crime Vs Time: Madoff Faces Off Against Fellow Fraudsters ...

    http://financialedge.investopedia.com/financial-edge/0609/Crime-Vs.-Time-Madoff-Faces-Off-Against-Fellow-Fraudsters.aspx
    ... Jeff Skilling: Estimated $62 Billion = 24 Years, 4 Months As the former CEO of Enron,
    Jeffrey Skilling received 24 years and four months in jail and was fined ...
  • Why You Shouldn't Trust Ratings From Rating Agencies ...

    http://financialedge.investopedia.com/financial-edge/0911/Why-You-Shouldnt-Trust-Ratings-From-Rating-Agencies.aspx
    ... Back in 2001, along with most investors, the agencies were slow to catch on to the
    fact that energy giant Enron was hiding massive liabilities off of its ...

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