Asked by Danielle
Which segment of its operations got Enron into difficulties?
-I am unable to pin-point what action first got Enron into trouble? Was it that they were borrowing money that they did not have?
-I am unable to pin-point what action first got Enron into trouble? Was it that they were borrowing money that they did not have?
Answers
Answered by
Danielle
Is this right?
Enron was hiding their debt with off-the-books partnerships. Enron was involved in partnerships to help hide their debt from the public. This led to Enron filing bankruptcy.
Enron was hiding their debt with off-the-books partnerships. Enron was involved in partnerships to help hide their debt from the public. This led to Enron filing bankruptcy.
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