Map of Neveronys on The company experienced a phenomenal growth as a result of its expansion into electricity production and distribution, and trading Enron 253 commodities globally. In December 2001, the company filed for bankruptcy under Chapter 11 (reorganization) so that it could be protected from creditors’ claims. In just 15 years, Enron grew from nowhere to be America’s seventh largest company, employing 21,000 people in more than 40 countries. At its peak, Enron’s worth was estimated at about $70 billion and its shares traded at $90 per share. Enron’s bankruptcy has been described as the second largest bankruptcy in the world history (after WorldCom). The rise and fall of Enron attracted widespread attention from academics, news media, stock exchanges, and regulatory agencies including the SECURITIES AND EXCHANGE COMMISSION (SEC), lawmakers, and also from the general public. What went wrong? What lessons can be learned and what are its implications on securities laws, accounting practices, campaign contributions reforms, and lobbying practices? Enron’s story is now included as a topic of discussion in the auditing classes required for undergraduate and graduate level accounting students at many business schools throughout the country. Map of Neveronys 2016.
Map of Neveronys Photo Gallery
Map of Neveronys Holiday Map Q.