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Downfall and individual bankruptcy: Because the boom decades ended and Enron faced greater Competitors inside the Electricity investing business enterprise, the company’s profits shrank fast. Under you could try this out pressure from shareholders, enterprise executives began to rely on dubious accounting procedures, which include a way generally known as “mark-to-sector accounting,” to cover the problems.

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Enron also invested in building a broadband telecommunications community to aid superior-pace investing.