1. Enron Scandal
People lost millions of dollars due to the drop in stock and were in disbelief. ... They were treated well, and the company matched employee pension contribution with Enron Stock. ... Enron employees built up their retirement plan based on their Enron stock holdings. ... The employees and investors were repeatedly lied to by Enron executives, who knew that Enron was going down but desperately tried to boost up Enron's stock prices by convincing employees to keep their shares. ... They even encouraged employees to purchase more stock. ...
- Word Count: 1298
- Approx Pages: 5