2min chapter

Acquired cover image

Enron

Acquired

CHAPTER

Enron CEO Skilling Quits for Personal Reasons

Lay sells about $300 million worth of Enron stock via these transactions. Skilling makes more from the LJMs than I think he does in total competent Enron ever. At one point, the board corners fast out and they ask him, how much money have you made from these partnerships? And he tells them and they immediately fire him.

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