Tag Archives: Enron

Real Businesses Have Real Assets

When Enron was formed in 1985 through the merger of two natural gas pipeline companies, it became the second largest gas marketer in the America. Over the next decade the firm grew to be a dominant force in the industry and built a sophisticated trading operation that could compete with the biggest New York banks. It soon became clear that ...

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Corporate Crime Starts with Failed Business Models

Every economic bust launches criminal charges against executives of failed companies. It’s been a few years since the collapse of Lehman Brothers and the onset of the Global Financial Crisis but the court cases in many instances are still ongoing. One of the most notorious cases in Australia was the child-care center empire of ABC Learning Centers. The entrepreneur-founder Eddy ...

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