1. Enron -The Next Teapot Dome?
At Teapot Dome, there was a naval oil reserve set aside by the Taft Administration to provide naval ships with fuel in case of a national emergency. ... By the time he was finished leasing the navy's reserves, Fall had given his two benefactors reserves, which were each estimated to be worth $100,000,000, and he had collected from them $409,000 in cash and bonds. ... Over the past decade, Enron has given five million dollars to federal candidates. ... Enron received special exemptions from federal regulations that allowed it to practice questionable activities that have now bankrupt the c...
- Word Count: 1545
- Approx Pages: 6
- Grade Level: High School