
Enron
You're Wrong About
00:00
How Do You Fake Cash, Floe, What Do They Do?
Enron set up hundreds shell companies. They're all under this thing caled, a special purpose entity. When cococola wants to invest in the cambodian market, it'll set up coco cola cambodia. What the company does over and over again is they hide their debt in these shell companies. One of the main ways that they hide the money is they make loans look like income. And then they loan themike this weird, opaque ship that nobody can ever figure out.
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