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Corporate America
The fall of Enron
Apr 14th 2005
From The Economist print edition
ENRON has become a byword for all that was wrong with American business at the start of this century. The sudden, scandalous collapse in late 2001 of what had been one of America's most celebrated companies, following allegations of unprecedented accounting fraud, generated headlines around the world, inspired a far-reaching overhaul of the regulations governing business, and is likely to result in many of the firm's former top executives spending many years in jail. …
