After reading a few articles on Enron’s collapse, I came to see that the.
Kenneth Lay, who was the CEO of Enron's, tried to gain courage by taking a natural-gas pipeline company and building it into the world's largest e-commerce trading firm over a 15-year period. He was not able to succeed because he could not draw attention to the company and people distrust his theories and ideas. Lay lied to his employees and other Enron stock by giving them a bargain they could not refuse. He was warned by other executives within the company not to do this.
Enron’s bankruptcy was one of the largest collapses in any corporate history and cause thousands of people to lose the job.
“Enron's downfall was precipitated by the need to readj
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