1, With an turnover sometimes north of $100b, Enron was once one of America’s leading corporations playing in energy (power & gas) and telcoms sectors. 2, Awarded “America’s Most Innovative Company” for 6 consecutive times by Fortune magazine 3, CEO Jeffrey Skilling had a way of hiding the financial losses of the trading business and other operations of the company. 4, The company would build an asset, such as a power plant, and immediately claim the projected profit on its books, even though it hadn’t made one dime from it. If the revenue from the power […]