Enron: The Loophole to Bankruptcy | Multi Level Monday
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The Enron Valhalla Scandal
Two years after Enron's merger, the company had their first scandal. The SEC accused two top executives of executing sham oil trades over those years. This previous Enron scandal was the subject of a recent article in The Financial Times. At the time, Kenneth Lay, the chairman, called the loss an expensive embarrassment.
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