Dates
When was Houston Natural Gas taken over by InterNorth?
1985
Kenneth Lay
What was Enron's initial vision?
"to become the premier natural gas pipeline company in North America."
What did Enron create, under Jeff Skilling, to move from physical assets into intangible assets?
Weather Derivatives
What auditing firm did the public lose confidence in after the fall of Enron?
Arthur Anderson
When did Jeff Skilling resign as CEO of Enron?
August 2001
Who was Andrew Fastow?
Chief Financial Officer of Enron.
What was Enron's vision in 1990?
"to become the world's first natural gas major."
How many directors were there on Enron's Board of Directors?
15
What stakeholders suffered as a result of Enron's insolvency?
Employees, shareholders, creditors, energy industry, board of directors
When did Jeff Skilling become CEO of Enron?
February 2001
Who became Enron's CEO after Skilling resigned?
Kenneth Lay
What company agreed to purchase Enron in 2001?
Dynegy
What did Enron sell to the LJM partnerships to coverup Enron's financial losses?
Fiber Optic Cables
How many employees lost their jobs as a result of the scandal by Enron?
30,000 employees
When did Enron file for Chapter 11 Bankruptcy?
December 2, 2001
Who was the Enron whistle blower?
Sherron Watkins
What financial institutions were fined by the SEC and had to pay "mega claims" to creditors and shareholders, post-bankruptcy of Enron?
JP Morgan Chase & Co.
Citigroup
Merrill Lynch
What were the names of the partnerships created by Fastow to hide Enron's losses(Special Purpose Vehicles)?
LJM, LJM2, and LJM 3
When Sherron Watkins wanted an independent investigation into Enron operations by a law firm, which firm did Kenneth Lay use?
Vinson and Elkins
When did Dynegy withdraw their offer to purchase Enron?
November 28, 2001
Who was on the audit committee for Enron, was from the UK, and charged Enron consultancy fees for his services?
Lord Wakeham
What was Enron's core values according to their Corporate Code of Ethics?
Respect, Integrity, Communication, and Excellence
How much did Arthur Anderson receive from Enron for both their auditing services and their non-auditing services?
Auditing Services: $25 million
Non-Auditing Services: $27 million
What was Enron's highest stock prices and how low was their lowest stock price?
Highest: $90.75
lowest: Less than $1.00