MANAGEMENT 482 (BUSI 472)

Exam (elaborations) MANAGEMENT 482 (BUSI 472-ENRON CASE:@In October 2001, U.S. energy giant Enron shocked investors by disclosing that it lost $638 million dollars in a single quarter. Two months later, the Wall Street darling and seventh largest company in the United States declared bankruptcy, causing shares to plummet from $85 to less than $1. The collapse left investors and pension-holders penniless. The fraudulent accounting that concealed Enron's financial woes led to the criminal prosecu...