Enron Illusion Ad Fall 2001



Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy in December 2001, they employed approximately 20,000 and was one of the world's major electricity, natural gas, communications and pulp and paper companies, with claimed revenues of nearly $101 billion during 2000. At the end of 2001, it was revealed that its reported financial condition was sustained by institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal.