
Enron: The Loophole to Bankruptcy | Multi Level Monday
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Enron's Downfall: Mark to Mark Accounting
In 2000, Enron signed a 20-year agreement with Blockbuster Video to introduce entertainment on demand. The company recognized estimated profits of more than 110 million from that deal. In another example, Enron entered into a $1.3 billion, 15-year contract to supply electricity to the Indianapolis company Eli Lilly.
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