1. Enron – The Smartest Guys In The Room
... the merger with Houston Natural Gas and InterNorth, Kenneth Lay founded the company "Enron". At the time of merger the company was seen to be in debt and hence a financial consultant name Jeffery Skilling was hired and was asked to come up with a solution to get rid of this massive debt. Mr. Skilling came up with an idea where the company can opt ... the company healthy and wealthy. It was clearly known that the managers have nearly gambled with their shareholders money. In November 2002, Andrew Fastow the chief financial adviser of the company was charged for fraud, money laundering an...
- Word Count: 1320
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate