How Share-Price Fixation Killed Enron
Harvard Business Review
JULY 11, 2013
In December, 2001, just prior to filing for bankruptcy, Enron Corporation had approximately $2 billion in cash and no debt coming due. In a keynote speech , he said Enron went bankrupt because of "decisions" made in October 2001. However, in situations where a firm must maintain access to capital markets (e.g.
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