On July 1985, Houston Natural Gas merged with InterNorth; a natural gas company established in Omaha, Nebraska, and together formed the modern-day Enron. The Enron Corporation began bartering natural gas commodities, and by the early 1990's, the company became the largest natural gas merchant in North America and the United Kingdom. Soon after in 1994, Enron North America began selling electricity and eventually becomes the largest marketer of electricity in the United States. Before the crisis Enron …
showed first 75 words of 814 total

showed last 75 words of 814 total
…However, if receiving this amount of money means that one would have to lie, cheat, break the law, ruin the lives of so many hard-working people, disrupt the economy of your country, and damage the lives of so many honest citizens, then ethically this would be one of the greatest business crimes anyone could carry out. The leaders of Enron indeed crossed the line by executing this scheme and would have to be punished accordingly.