Foreword
At its peak in the year 2000, Enron Corporation, the huge, Houston-based energy trader, was the seventh largest company in the United States, worth $70 billion. A year later, it became the biggest company in U.S. history to go bankrupt, its stock having plunged from $80 to less than $1 a share. Enron’s collapse left thousands of employees out of work and thousands of investors including most of the company’s employees with worthless stock. Many lost virtually all the savings in their retirement plans. The Enron scandal, as it became known, highlighted the rapid growth and the minimal…