What and how was the “mark to market” accounting treatment adopted by Enron?How did the executives at Enron make most of their compensation? What device was utilized? On what did the amount of money earned by the Enron executives depend?
Answer the following questions:
6. How did the executives at Enron make most of their compensation? What device was utilized? On what did the amount of money earned by the Enron executives depend?
7. What device did Enron employ to hide losses and its debt? Why was it important to hide the losses Enron was sustaining? Who created the scheme to hide the losses?
8. What was Enron’s role in the California electric market? How and why did Enron manipulate the California electric market?
9. The documentary Enron was made in 2005. Research and update what has happened to the individuals identified in answer 1 since the documentary was made. Where are those individuals today and what are they doing?
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