Enron
Videos
Enron Corporation was an American energy, commodities and services company based in Houston, Texas. It was led by Kenneth Lay and developed in 1985 via a merger between Houston Natural Gas and InterNo
1400 Smith Street, the former headquarters of Enron in Houston, Texas. It is now occupied by Chevron Corporation.
Arthur Andersen employees, from left, Michael C. Odom, Nancy Temple, Dorsey Baskin Jr., and C.E. Andrews are sworn in as they appear before a House Committee on January 24, 2002.
Enron scandal
Videos
The Enron scandal was an accounting scandal sparked by American energy company Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, which led
Enron
…Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal. Enron became synonymous with willful, institutional fraud and systemic corruption. The scandal brought into question the accounting practices and…
Kenneth Lay in a July 2004 mugshot
The Enron Code of Ethics from July 2000, about a year before the company collapsed
Enron's headquarters in Downtown Houston was leased from a consortium of banks who had bought the property for $285 million in the 1990s. It was sold for $55.5 million, just before Enron moved out in 2004.