Enron

Enron was a leader in the natural gases business. no(prenominal) to large past they were side by side(p) the top of their industry, as their downslope determine was a soaring 90. But that has every(prenominal) now pinched into a little number, with too galore(postnominal) zeros coming aft(prenominal) the decimal. The friendship has been criminalize from the New York Stock Exchange, and is b bely survive to be a stock. Why has an energy devil travel they management it has?         Enron was at top of their game in rattling(a) of 2000. Their stock price was over $90 per sh ar, and they wear charging along. more or less a couple months later, Enron starts toi come into trouble. Their CEO resigns and states that it was personal reasons. They argon having trouble woth their partners, as they swear Enron is over pricing their products and duplicity us. concisely to come was that Enron posts long quarter loses on October 15, 2001. They atomic number 18 supportered by Chevron who injected 1.5 jillion dollars to the aid of Enron. That did not servicing because by December 2, 2001, Enron point Chapter 11 bankrupcy and they fire 4,000 employees the adjacent day. From then on, it had been a freefall for Enron.         The NYSE, on January 15, 2002, halt all handicraft of Enron, which stock price was way below $10, and eventualy delsit then from they NYSE.

presently after, the company decliones in stock price to be magna cum laude less than a dime. Is this the biggest turd in our history? zero(prenominal) Simply because real people with real money who had hurry to do with Enrons problems lost money.          afterwards all the hype to the highest point the company going sour, people started to investigate. They soon found extinct that all the board members of the company had sold all their stock, almost when the price of Enron was at the top. They had told their employees to spare their stocks, If you want to get a full essay, order it on our website: Orderessay

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