California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis

Admiral Rockwell Tory



Enron no longer exists as a company after filing for bankruptcy in 2001 and selling its final business in 2006. The Houston-based energy company was involved in a financial scandal that came to light in October 2001 after a whistleblower letter from then-Enron Vice President Sherron Watkins to Chairman Ken Lay. The company had been using complex off-balance sheet entities to hide billions of dollars in losses from failed projects and deals for years.
 

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