Enron scam is around 70 billion dollar which is biggest.

Houston natural gas+ internorth

Want to grow faster in generate more profit.

Hire Jeffery skilling (COO)

Andrew Fastow (CEo)

Makes deal complicated. Bcz whn a deal is good it will reflct on final statement but if the deal was bad,
then they can hide by making it more complex.

Perfromance review

Before- respect, integrity, ethics.

After- profit.

Internet broadband, power plants---fails and loss.

Hide loss and show fake revenue.

Take debt by making unethical practices in balance sheet and cost accounting.

Historic cost accounting—mark to market accounting.

Enron has deal with SIthe energy worth 3.5- 4 billion dollar.

But the deal is not even operated. Still they have shown in p|L statement.

Same block bluster.

Manupulate all the transaction.

Did this from 1992 to 2000

Capital is last option.

Spv (special purpose vechile)\ entity.

Sale to SPV

Fortune magazine- 6 times the most innovative company.

70 billion dollar reached.

2019- 618 million loss.

SEC- US. Security and exchange commission.