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Enron: The End of an Empire

In: Management Risk

Author

Listed:
  • Dimitris N. Chorafas

Abstract

In mid-October 2001, the Wall Street Journal published a seminal article focusing on a handful of the 3,000 or so Enron partnerships, affiliates, and off-balance sheet operations. As the energy company’s equity plunged, a Special Committee of its board was formed to investigate the allegations of illegal activities involving some of its people. This was a three-man committee which included two new directors. One of them was a former Lazard Frères partner; the other had close ties to Enron’s Houston-based law firm, Vinson & Elkins.

Suggested Citation

  • Dimitris N. Chorafas, 2004. "Enron: The End of an Empire," Palgrave Macmillan Books, in: Management Risk, chapter 7, pages 115-133, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-4039-4810-6_7
    DOI: 10.1057/9781403948106_7
    as

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