enron

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  • This is Kenneth Lay. He is an American Businessman, working as the founder of Enron Corporation. He was allegedly responsible for the scandal that led to the downfall for the Enron Corporation.
  • Jeffery and Andrew are you there, I have an idea
  • Enron Corp.
  • Houston, Texas
  • This is Jeffery Skilling. He was the CEO of the Enron Corporation. He was also allegedly responsible for the Enron Corporation scandal.
  • I'm here, I've been thinking about something too. Lets meet later and discuss
  • This is Andrew Fastow. He was the chief financial officer of the Enron Corporation. He also played a significant role in the Enron scandal.
  • Me too, what have you guys been thinking about
  • The three men discussed their plans to hide their debt and inflate their profits, improving Enron Corperation.
  • Hmm... I think that we should do something like that. I like that idea.
  • Yeah, I was thinking of something similar. If our profits increase than we would be able to fix our deficit problem
  • I think that the only way to improve our company is to "get rid of" our debt.
  • In the end, Enron Corporation crumbled into bankruptcy, shortly after Jeffrey Skilling resigned. The three men were convicted of fraud, conspiracy, illegal trading, and financial schemes. Both men were found guilty. Kenneth Lay was arrested but unfortunately died three months before his sentencing.
  • GUILTY!!
  • My clients do not deserve such a harsh sentencing!
  • Skilling was sentenced for 24 years while Fastow was only sentenced for 6.
  • I'm miserable!!!
  • We should've never done this!
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