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Enron
Acquired
What's Up With Enron?
In early 2001, Enron discloses an entity managed by a member of the management team that does deals with Enron. It's like one sentence. And then when the shit really hits the fan, they say, oh, well, a previously disclosed entity did deals this quarter, but that's been previously disclosed. There ends up being like a billion dollar loss or some crazy, don't quote me on that, but some massive, massive loss.
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