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3min chapter
Enron
Acquired
Mark to Market Accounting - The Epitome of With Great Power Comes Great Responsibility
Mark to market accounting is the epitome of with great power comes great responsibility. Enron, when they did adopt this, became the very first non-financial company to use this method. But let's just say the potential for a litany of abuses high, very, very high,. especially for what is an operating company, not actually a financial firm.
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