preview

America's Most Innovative Company In Huston

Satisfactory Essays
Enron cooperation was an American energy, commodities, and services company located in Huston, Texas. It emerged in 1985 after the collaboration between Houston Natural Gas and InterNorth. Before
Enron's bankruptcy, it had more than 20,000 employers and was one of the largest electricity and natural gas companies in the world, with profits of over $101 billion. Fortune magazine has named Enron as
"America's most innovative company" for six years in a row. By the end of the year 2001, the company’s stock price dropped from $90,000 to less than one dollar because of some misleading financial reports, too much borrowed money, and an unwillingness to give investors information that left them in doubt of its financial reports, therefore, the company
Get Access