The reasons for the downfall of Enron are many, and include high-risk investments, hiding information to decrease their debts and posting false profit reports. Over a four-year period, Enron had entered into risky investments, and did not disclose millions of dollars in debt. In October of 2001 it was revealed that Enron amassed a debt of over 1 billion dollars that had been kept hidden from the public. Many of these investments had made millions for the Enron executives, while driving the company’s finances down. It was later revealed that tax officials and other auditing personnel had been bribed by Enron officials to maintain these false statements, and receive tax breaks. By December 2001, Enron had filed for chapter 11 bankruptcy, costing nearly 4,000 employees their jobs. This scandal also co

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