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Wikipedia about Enron

POV: date=September 2008

Enron Creditors Recovery Corporation (formerly Enron Corporation, former NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Enron employed approximately 22,000 people (McLean & Elkind, 2003) and was one of the world's leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of $111 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001 it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, sometimes called the "Enron scandal". Enron has since become a popular symbol of willful corporate fraud and corruption.

Enron filed for bankruptcy protection in the Southern District of New York in late 2001 and selected Weil, Gotshal & Manges as its bankruptcy counsel. It emerged from bankruptcy in November 2004 after one of the biggest and most complex bankruptcy cases in U.S. history. On September 7 2006, Enron sold Prisma Energy International Inc., its last remaining business, to Ashmore Energy International Ltd. Following the scandal, lawsuits against Enron's directors were notable because the directors settled the suits by paying very significant sums of money personally. The scandal also caused the dissolution of the Arthur Andersen accounting firm, affecting the wider business world.

In early 2007, Enron changed its name to Enron Creditors Recovery Corporation. to reflect its status as a (largely) asset-less shell corporation. Its current goal is to liquidate all remaining assets of the company. For most of 2007, Enron continued to operate under the name Enron Corp. by filing a Doing Business As, or "dba" certificate in Harris County, Texas.

Early history

Enron%20Complex.jpg

The merged company initially named itself "HNG/InterNorth Inc.", even though InterNorth was the nominal survivor. It built a large headquarters complex in Omaha. However, the departure of ex-InterNorth CEO Samuel Segnar six months after the merger allowed former HNG CEO Kenneth Lay to become CEO of the newly merged company. Lay soon moved Enron's headquarters to Houston and began to thoroughly re-brand the business. Lay originally favored the name "Enteron" (possibly spelled in camelcase as "EnterOn"); but when it was pointed out that the term approximated a Greek word referring to the intestine, it was quickly shortened to "Enron." The final name was decided upon only after business cards, stationery, and other items had been printed reading Enteron, reflecting the confused state of affairs in the company at the time. Enron's infamous "crooked E" logo was designed in the mid-1990s by the late American graphic designer Paul Rand.

Search results for Enron

The ENRON Fraud | Coughlin Stoia Geller Rudman & Robbins LLP

UC Announces Plan to Distribute Recovered Funds to Defrauded Enron Investors, 07/27/07 ... Stoneridge and Enron - An Interview with Patrick Coughlin from ...www.enronfraud.com/

Enron Corp. – News, trials and the history of the scandal | Chron.com ...

Enron Corp. - News and history of Enron's collapse, bankruptcy and the scandals that led to the fraud trials of Ken Lay and Jeff Skilling.www.chron.com/news/specials/enron

TIME: Behind the Enron Scandal

With pictures, news, and commentary.www.time.com/time/2002/enron

Yahoo! News Full Coverage: Enron

Ongoing coverage of the trial of the former Enron executives Ken Lay and Jeff Skilling.news.yahoo.com/fc/Business/Enron

Enron - Uncyclopedia, the content-free encyclopedia

Enron (Stock ticker: URFCKD) is an American corporation that at one time had 21, ... Enron Financial Headquarters Galveston, TX, also the meeting place of ...uncyclopedia.org/wiki/Enron

Images found for Enron

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News about Enron

New on DVD: Have a few laughs with 'Sarah Marshall'

USA TodayThree platinum picks this week include a meditation on torture illuminated by the story of a framed Afghan cabdriver, a comic-book character brought to life, and a door that closes, silently, on a demoted doorman.http://www.usatoday.com/life/movies/dvd/2008-10-02-new-on-dv...

Prosecutors Expected To Spare Wall St. Firms

Washington PostJustice Department officials yesterday vowed to unravel the complex financial deals that helped prompt a market crisis in an effort that will generally seek criminal charges against individual brokers and bankers, rather than companies themselves, according to interviews with lawyers involved in the cases.http://www.washingtonpost.com/wp-dyn/content/article/2008/10...

Playboy looks for bare market on Wall Street

Reuters via Yahoo! News Playboy magazine is offering a new way to lose your shirt on Wall Street.http://news.yahoo.com/s/nm/20081002/od_uk_nm/oukoe_uk_playbo...

Economist: Senate bailout bill a fiasco

KOTA Rapid CityIt includes tax breaks for disaster victims and to promote renewable energy, but the $700 billion bailout package also includes a provision that Don Frankenfeld says equals Enron style fraud.http://www.kotatv.com/global/story.asp?s=9108666

Playboy Wants Laid-Off Wall Streeters to Bare All

US News & World ReportPlus: Hefner empire's stock is dropping fast.http://www.usnews.com/usnews/welcome/entry.php?refer=25181&p...

News about Enron

Oil falls to below $100 on low Ike damage

NewsweekWhen Gramm was a Senator he was chair of the Committee on Banking, and in that capacity he was able to push through the legislation now known as the "Enron Loophole.http://www.newsweek.com/id/81360

Probes by Congress losing steam

Baltimore SunNow the political impetus that sparked no less than a dozen separate congressional inquiries into Enron Corp.'s stunning collapse is fading nationally.http://www.baltimoresun.com/business/bal-mside1029,0,7059251...

Firm asks to pay big severance pacts

Baltimore SunWorldCom's severance policy, as with those of such bankrupt companies as Enron Corp. and Global Crossing Ltd. , has drawn scrutiny from labor and civil activists nationwide.http://www.baltimoresun.com/business/bal-wpay04,0,1141413.st...

HIH liquidator takes on US courts

News.com.auThe judge in New York is Arthur Gonzales, who has been involved in billions of dollars' worth of creditor claims against Enron, which failed in December 2001.http://www.news.com.au/business/story/0,27753,24346693-462,0...

Tawdry tale of oil drillers and `MMS Chicks'

Miami HeraldCheney has stubbornly refused to tell American taxpayers what was decided or who participated in these important meetings, though it's known that many major players were involved, including those geniuses at Enron.http://www.miamiherald.com/418/story/684297.html

Search results for Enron

TIME: Behind the Enron Scandal

TIME's continuing coverage of the Enron scandal and what led to the company's demise ... Guilty of obstruction, Arthur Andersen becomes the first courtroom casualty of ... http://www.time.com/time/2002/enron/

Change of Address Form

Note 1: If you are an active Estate employee, please contact your HR representative to update your address. Click here to go back to Enron home page.https://hrservices.enron.com/

Enron Creditors Recovery Corp. - Contact Enron

Joomla - the dynamic portal engine and content management systemhttp://www.enron.net/index.php?option=com_content&task=view&...

enron: the smartest guys in the room ::

a magnolia pictures release::: an HDNet Film::: design by hunt&gather::: click here for group sales information::: talk ... http://www.enronmovie.com/

Enron - Company Overview - Hoover's

Enron Creditors Recovery Corp (formerly Enron Corp.) which transformed itself from a gas pipeline operator into the world's #1 energy trader, is now...http://www.hoovers.com/enron/--ID__10521--/free-co-factsheet...
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Videos found for Enron

(documentary) "Enron: The Smartest ...

(documentary) The fraudsters that led the collapse of the Enron Corporation of America -- causing great financial losses for thousands of investors while enriching themselves. California energy...Flash - Video

We Are Enron Commercial

We Are Enron CommercialThis is the commercial for the premiere of the musical We Are Enron which is opening February 21-24 at the NMSU recital hall! Come check it out!Flash - Video

Affaire Enron bourse finance banque

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Morning Coffee Videocast: ENRON

Morning Coffee Videocast: ENRONENRON collapsed because most of the profits reported by Enron Energy Services were really losses: when you give your dealmakers the power to value the deals they make, watch out....Flash - Video

Enron Attorneys: Clients Should Not...

Enron Attorneys: Clients Should Not Be In Jail While Waiting For AppealAttorneys for two convicted former Enron executives say it may take years to file an appeal. They say their clients should not have to be in prison while they're waiting.Video - Video

Videos found for Enron

_40359459_enron06_beckett08_vi.ram

_40359459_enron06_beckett08_vi.ramWATCH AND LISTEN The BBC's Tanya Beckett Investigators have painstakingly worked their way up the Enron hierarchy realmedia: 0 MB w:208px - h:128px

enronupdate.rm

enronupdate.rmEnron Updaterealmedia: 5.0 MB w:352px - h:232px

DMEnron.rm

DMEnron.rmBudweiser - Shalom! Car gets it's revenge on a dog Dennis Miller's Take on The Whole Enron Fiasco (bad Language) Durex Condom Commercialrealmedia: 1.4 MB w:352px - h:240px

Enron: The Smartest Guys in the Roo...

Enron: The Smartest Guys in the Room (2005) -  An Immediate Sense...Scenes from the Enron trail featuing Kenneth Lay, Jeff Skilling and Andy Fastow.msmedia: 4.2 MB w:400px - h:300px

Enron-Holiday-Party.mpg

Enron-Holiday-Party.mpgtardlog.log 13-Nov-2005 00:04 8.8K kokomo.mid 13-Nov-2005 00:04 50K Enron-Holiday-Party.mpg 13-Nov-2005 00:04 2.3M hiMom1.gif 13-Nov-2005 00:04 55Kmpeg: 2.2 MB w:352px - h:240px

Answers for Enron

~*MissCrystal*~

How did Enron become like a rouge elephant and trample on it's business partners, consumers, and stockholders?

~*MissCrystal*~Greed.
Nadia

Where can I find the best story on Enron?

NadiaSee this link. http://en.wikipedia.org/wiki/EnroN
Abul Haarith

What are the criminal and civil aspects of the Enron case?

Abul HaarithHere are the direct results of what the Government has changed since Enron http://www.loc.gov/law/guide/enronhrgs.html This is a great view of the results of the Criminal Trial http://www.washing...
optionsinmobility

Anybody heard of something called the Enron Loophole?

optionsinmobilityYes. It's an exemption to the regulatory powers of the commodities exchange commission, lobbied for by Enron with the help of former Texas senator Phil Gramm (who also contributed to the success of l...
sun_beauty17

Can someone give me a description of what happened with Enron?

sun_beauty17It's more complicated than this, but a summary of the mess is: The Enron scandal was a financial scandal that was revealed in late 2001. After a series of revelations involving irregular accounting...

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