The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an
Question:
The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company and de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. Enron shareholders filed a $40 billion lawsuit after the company's stock price, which achieved a high of US $90.75 per share in mid-2000, dropped to less than $1 by the end of November 2001.
The company had lost the majority of its customers and had ceased operating. Employees and shareholders received limited returns in lawsuits, despite losing billions in pensions and stock prices. The US Securities and exchange commission began an investigation. Many executives at Enron were indicted for a variety of charges and were later sentenced to prison. Enron's $63.4 billion in assets made it the largest corporate bankruptcy in U.S. history.
What would you have done, had you been employed by, or doing business with, Enron? What would have driven those choices? If your response is based upon a Christian worldview, support it with scripture.