What company could be the next Enron?

On it is very broad concept do you mean the fall from grace that and Enron had or do you mean the kind of issues and Enron had that were never seen before? read more

I don’t think it will happen that way again. The next crisis will spring from corporate debt, equally imprudent but structurally different. The Enron Scandal. Older readers will remember a Houston-based company called Enron that blew itself, its employees and investors to smithereens during the 2001–2002 recession. Investigations followed. read more

To help shield the true nature of its balance sheet, Enron's financial masterminds used an unusual contract known as a variable interest structure, or VIE. Using a VIE, a company can disconnect the ownership of its assets from the claims of shareholders. read more

Susan Gawith, a portfolio manager who's covered Steinhoff off and on for 18 years, said Steinhoff "reminds many in South Africa of Enron," the U.S. energy company that went bust in 2001 after the revelation of systematic accounting fraud that kept debt off its balance sheets. read more