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The Enron scandal is The most infamous financial scandals in U.S. record, highlighting the catastrophic repercussions of unethical business enterprise practices and corporate governance failures. Enron Corporation, an American Strength corporation situated in Houston, Texas, was as soon as deemed Among the most impressive organizations in The usa.
While lots of firms distributed assets to SPEs, Enron abused the exercise by making use of SPEs as dump websites for its troubled assets.
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