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What Is The Scope Of The Deceit Deregulated By Enron

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When hearing the name Enron, it typically correlates to executive greed, dishonesty, corruption, and big business theft. The Enron Corporation, once a Fortune 500 company, imploded under dishonest and illegal accounting practices, while leaving billions of dollars of debt behind (Ferrell, Fraedrich, & Ferrell, 2013). The deceit manipulated by Enron, was further exaserbated by the fact that employees walked away with nothing. The case study and movie provided many of the same facts. However, reading the case study was difficult to understand. The scope of the deceit was well represented and many facts were revealed, yet a full comprehension of the players involved and individual levels of deceit were not thoroughly represented. Only a few major players were discussed in the case study and the full scope of their unethical behaviors were revealed. …show more content…

Skinner, was somewhat of a nerdy guy, claiming to be the the smartest man in the room, while Fastow was arrogant, tempermental, and difficult to work with (Gipney, 2007). The movie provides the backdrop to infer how the deceit began. The movie explains how Ken Lay grew up with humble beginnings and had a strong business mind, believing deregulation was the key to capitalism (Gipney, 2007). THE ENRON DISASTER 3. As regulations were lifted in California, the movie depicts the rolling blackouts as orchestrated events by Enron in order to increase the price of electricity, which in turn increased stock, creating more money for

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