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Enron: The End of an Empire

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Management Risk
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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.

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Notes

  1. D.N. Chorafas, Managing Risk and the New Economy, New York, New York Institute of Finance, 2001.

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  2. D.N. Chorafas, Alternative Investments and the Mismanagement of Risk, London, Palgrave Macmillan, 2003.

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  3. D.N. Chorafas, Managing Risk in the New Economy, New York, New York Institute of Finance, 2001.

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  4. D.N. Chorafas, Liabilities, Liquidity and Cash Management. Balancing Financial Risk, New York, Wiley, 2002.

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© 2004 Dimitris N. Chorafas

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Chorafas, D.N. (2004). Enron: The End of an Empire. In: Management Risk. Palgrave Macmillan, London. https://doi.org/10.1057/9781403948106_7

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