The Enron scandal is Among the most notorious economical scandals in U.S. historical past, highlighting the catastrophic penalties of unethical enterprise techniques and company governance failures. Enron Corporation, an American Vitality enterprise based in Houston, Texas, was when thought of The most revolutionary firms in The usa.
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The Enron Scandal was a number of events that resulted during the individual bankruptcy on the U.S. Vitality, commodities, and services corporation Enron Corporation in 2001 plus the dissolution of Arthur Andersen LLP, which were amongst the largest auditing and accounting providers in the world.
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