Sample Essay

Words 1,213

Enron’s major business was energy trading and distribution. It also dealt in a wide range of other commodities, including metals, paper, and coal, chemicals, and bandwidth capacity. Enron has a 9,000-MW global power generation portfolio, and it operated a 25,000-mile gas pipeline system in the US. (Beinfield)The collapse of Enron was expedited by a disastrous loss of investor confidence following the disclosure that the company had eliminated billions of dollars of loans and other obligations from its balance sheet by entering into various private partnership agreements with certain counterparts. Enron’s stock price fell from US$4.14 on November 27, 2001, to US$0.36 on November 29, but the shares were previously in decline having steadily decreased from a peak of US$90 in August 2000.(Beinfield)

Enron began business in 1986 as a result of the merger of two natural gas companies plan on creating the first national natural gas pipeline. At that time, energy production was government regulated domination. (Cudahy and Henderson 35-110)The government regulated the construction of power plants, the rates to be charged for power, and the maximum profits energy companies could earn. This altered after the federal government deregulated the natural gas industry in the late 1980s and the electricity industry in the 1990s. (Cudahy and Henderson 35-110)

Thank you for visiting Essaydemon.com and viewing our articles and sample papers. Kindly be informed that all these articles and sample papers are for marketing purposes only. The sole purpose of these articles and sample papers is just to provide our customers with an idea about our services before they place an order.

Kindly visit our order/inquiry page for further assistance.

Kindly order custom made Essays, Term Papers, Research Papers, Thesis, Dissertation, Assignment, Book Reports, Reviews, Presentations, Projects, Case Studies, Coursework, Homework, Creative Writing, Critical Thinking, on the topic by clicking on the order page.

admin

Recent Posts

Essay: Profession of Accounting

Sample Essay Emphasis is laid on investors on the quality of work rather than the…

4 days ago

Models of Hybrid Course Design

Hybrid online courses can be designed using different models. One of them is face to…

1 week ago

What Is a Hybrid Class?

A conventional college course maintains a daily schedule of meetings in-person on-campus setting. Students use…

1 week ago

Essay: Dangers of Ecstasy

Sample Essay Frоm а сhеmiсаl аspесt, есstаsy is аlsо а dаngеrоus drug thаt соntаins hаrmful…

1 week ago

Essay: Freedom Summer

Sample Essay Evaluate Doug McAdams methodology used in this book. Before discussing the methodology of…

2 weeks ago

Overview of Taka Cuisines

Taka Cuisine has been succeeding in innovative improvements and by means of diverse technologies in…

3 weeks ago