1. Why Did Enron Collapse
They were also designed to help the company grow quickly without adding too much debt to its books or diluting the value of the company's stock. ... Enron said it was careful to assure there were no conflicts of interest, but under pressure from investors Fastow resigned from those partnerships last summer. But before his resignation he had earned as much as $30 million through his role with the partnerships, while a number of other Enron employees also invested in them personally." ... Once money, which meant Enron Stock Price, became the most important thing; ethics, morals and the fin...
- Word Count: 1277
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate