
How Enron Fooled the World
Stuff You Should Know
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Enron's Deceptive Machinations
This chapter explores Enron's aggressive lobbying tactics that manipulated energy regulations, particularly during California's power crisis. It reveals how the company created artificial scarcity to inflate energy prices for profit, leading to significant blackouts and failing to uphold corporate ethics. Additionally, it highlights the financial schemes that misled investors while allowing top executives to benefit from inflated stock prices.
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