Enron: a Cautionary Tale of Corporate Malfeasance
Words: 845 Pages: 3 7378The Enron scandal stands as a monumental example of corporate malfeasance, highlighting the catastrophic consequences of unethical business practices. Enron was a formidable company, transporting natural gas through pipelines and distributing electricity across the northwestern United States. The company's revenues were predominantly derived from natural gas and electricity, accounting for 93% of its income, with 4% from energy wholesaling and 3% from exploration and services (Ferrell and Thorne, pg. 512). Despite its promising beginnings, Enron's collapse exposed the dangers of […]