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Enron also invested in creating a broadband telecommunications community to aid significant-pace investing.

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Downfall and individual bankruptcy: As the increase several years finished and Enron faced enhanced Opposition during the Electricity buying and selling business enterprise, the corporation’s gains shrank promptly. Under pressure from shareholders, firm executives began to count on doubtful accounting procedures, which include a method often known as “mark-to-market place accounting,” to hide the troubles.

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