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The Enron scandal is the most noteworthy corporate collapse in the United States since the breakdown of many savings and loan banks during the 1980s. Enron was the seventh leading the company in the United States prior to its demise. When Enron filed for bankruptcy on 2 December, thousands of employees lost their jobs and billions of dollars when the company prevented them from selling shares from retirement accounts as they plunged in value, while at the same time, draining the investment savings of investors across the country who put their retirement and other investments into pension funds, mutual funds, and other areas that invested in Enron. There were many repercussions caused by the collapse of Enron, too many to include in this essay, but the one factor is, what actually caused the Enron collapse? What are the reasons behind this corporate giant hitting the ground so hard so fast? In this essay I will give my opinion as to what I feel we some of the circumstances that......

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Approximate Word Count: 645
Approximate Pages: 3 (250 words per double-spaced page)

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