Based on the Sherron Watkins video, suspicious accounting activities and a lack of transparency raised concerns among shareholders, who started selling their stock. Meanwhile, anyone who could close out a trade and get paid by Enron did so. Two large lending vehicles indicated that Enron had missed a payment owed to them, and they asked Enron to pay the billions of dollars it owed. Enron had an enormous cash flow problem and collapsed. Based on the Sherron Watkins video, suspicious accounting activities and a lack of transparency raised concerns among shareholders, who started selling their stock. Meanwhile, anyone who could close out a trade and get paid by Enron did so. Two large lending vehicles indicated that Enron had missed a payment owed to them, and they asked Enron to pay the billions of dollars it owed. Enron had an enormous cash flow problem and collapsed. True False

Answer rating: 100% (QA)

The detailed answer for the above question is provided below True The statement ... View the full answer