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One of his brightest recruits was Andrew Fastow, who speedily rose with the ranks to become Enron’s Main economic officer. Fastow oversaw the financing of the corporate by investments in ever more advanced instruments, even though Skilling oversaw the developing of its vast trading Procedure.
Emphasize the principal accounting practices Enron employed to conceal its economic losses and inflate its revenue.
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It had been The existing Indonesian federal government’s comprehending that Celltel would invest in the development and completion of this infrastructure as a component in their move to the area.
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Go over the lessons that modern day firms can master within the Enron scandal to further improve their company governance and ethical criteria.
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