10 Years Ago Enron CEO's were Convicted

Posted by Alexa Foxon Wed, May 25, 2016 @ 02:02 PM

10 years ago today Enron Chairmen and CEO Kenneth Lay and CEO and COO Jeffrey Skilling were convicted.  The top executives at Enron cheated investors and set a negative tone at the top. Enron overvalued assets and used complex accounting gimmicks like overestimating future income and cash flow. The FBI states that to date Enron was the most complex white collar crime investigation they have dealt with. 

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