Andersen was skeptical of Enron's use of accounting on this part of their business.
What are SPEs?
100
This is the year that Enron entered as the seventh largest public company in the U.S., only to later exit the year as the largest company to ever declare bankruptcy in U.S. history.
What is 2001?
100
This is what type of company Enron began as.
What is a natural gas pipeline company?
100
This is what SPE stands for.
What is special purpose entity?
200
She was vice president of corporate development and sent an anonymous letter to Kenneth Lay.
Who is Sherron Watkins?
200
This was Andersen's reputation when they were first becoming a large firm.
What is reliable and trustworthy?
200
Enron hid $3.9 billion of debt from this year to 2001.
What is 1992?
200
This is another company that Andersen failed to properly audit before Enron.
What is:
Waste Management?
Global Crossing?
Sunbeam?
Qwest Communications?
200
This is the amount of SPEs that Enron had.
What is over 1000?
300
He was CEO of Enron for only six months before he resigned for "purely personal reasons".
Who is Jeffrey Skilling?
300
This is what Andersen did to bring about charges of "obstruction of justice".
What is shredded documents?
300
This is the date that the NYSE suspended the trading of Enron's stock.
What is January 15, 2002?
300
Enron acted as a broker of this type of futures.
What is speculative energy?
300
This is the type of accounting that Enron's SPEs were following.
What is rules-based accounting?
400
He took over as Enron's CEO after Jeffrey Skilling resigned.
Who is Kenneth Lay?
400
This is why Andersen kept Enron as a client and did not drop them.
What is conflict of interest?
400
This is the date that Joseph Berardino, CEO of Andersen Worldwide, resigned from the position of CEO.
What is March 26, 2002?
400
Arthur Andersen was established in 1913 by a professor from this school.
What is Northwestern University?
400
This is how Enron compensated SPE investors if they suffered a loss.
What is compensated with stock?
500
He sold 93,000 shares for a personal gain of $2 million after the 401k was frozen and employees could no longer sell their shares.
Who is Kenneth Lay?
500
This is why Andersen ended up losing all of their major clients.
What is loss of reputation?
500
It appears that Andersen knew about Enron's problems nearly a year before the downfall. This is the date that an email was sent that showed that Andersen was considering dropping Enron as a client.
What is February 6, 2001?
500
Enron was formed in 1985 as a merger of these two companies.
What are Houston Natural Gas and InterNorth?
500
This is the SPE that was set up to purchase power plants, pipelines, and water projects outside the U.S.