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Transferring Those people property to SPEs intended which they were kept off Enron’s textbooks, building its losses glimpse a lot less severe than they truly have been.
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The Enron Scandal was a series of activities that resulted in the bankruptcy with the U.S. energy, commodities, and services business Enron Company in 2001 as well as dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting firms in the world.
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