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best stock trading investment online archives news
to reflect its status as a (largely) asset-less shell corporation. At the end of 2001 it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, sometimes called the "Enron scandal". Enron Creditors Recovery Corporation (formerly Enron Corporation, former NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. by filing a Doing Business As, or "dba" certificate in Harris County, Texas.Enron filed for bankruptcy protection in the Southern District of New York in late 2001 and selected Weil, Gotshal & Manges as their bankruptcy counsel.In early 2007, Enron changed its name to Enron Creditors Recovery Corporation. On September 7, 2006, Enron sold Prisma Energy International Inc.S. Before its bankruptcy in late 2001, Enron employed approximately 22,000 people (McLean & Elkind, 2003) and was one of the world's leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of $111 billion in 2000. Its current goal is to liquidate all remaining assets of the company. For most of 2007, Enron continued to operate under the name Enron Corp. Fortune named Enron "America's Most Innovative Company" for six consecutive years. Enron has since become a popular symbol of willful corporate fraud and corruption., its lastSome more useful information on best stock trading investment online archives news
best stock trading investment online archives news
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