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What was Enron's big error?

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Based upon your current knowledge, what was Enron's big error? What statement was misstated and how did that happen? What was being hid from the general public?

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Based upon your current knowledge, what was Enron's big error? What statement was misstated and how did that happen? What was being hid from the general public?

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Enron's main error was that it lied about its profits and stands accused of a range of shady dealings, including concealing debts so they didn't show up in the company's accounts.

source: http://news.bbc.co.uk/1/hi/business/1780075.stm

Enron had created offshore entities, a unit which may be used for planning and avoidance of taxes, raising the profitability of ...

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  • MBA, Rochester Institute of Technology
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