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Enron
Acquired
Enron's Financials - The SEC Inquiry
On October 22nd, the SEC announces that they are launching an inquiry into Enron's accounting. The next day, the board calls in fastow and demands to know how much money he's made in the LGM funds. They find out they fire him. Jeff McMahon was instate as CFO but didn't know how much debt Enron had or when it would be repaid.
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