A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

What was Enron's business?

Best Answers

The man who founded Enron, Kenneth Lay, has died just weeks before his jail sentence was to be announced. Mark Tran and Stefanie Khaw look at one of America's biggest business scandals. read more

Enron Engineering and Construction Company (EECC) was a wholly owned subsidiary of Enron International, and built almost all of Enron International's power plants. Unlike other business units of Enron, Enron International had a strong cash flow on bankruptcy filing. read more

Arthur Andersen, Enron's auditor, was convicted of obstructing justice by destroying a "significant" number of documents relating to the Enron case in June 2002. Once one of the "Big Five" accounting firms, the company voluntarily surrendered its licences to practise as a certified public accountant in the US in August 2002. read more

After the deregulation of the energy market, Enron's shift was from a traditional energy company to a market maker. The focus became more reliant on risk mitigation and risk management products. read more

Encyclopedia Research

Image Answers

Further Research