Innovation Corrupted The Rise and Fall of Enron A Malcolm S Salter 2004
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Enron was the biggest energy company in the world, and during 2001 its stock price climbed to over $134. The company was considered one of the most valuable in the world—worth up to $10 billion. But that was about to change. In early 2001, Enron had begun construction of the 925-megawatt Three Mile Island nuclear power plant in Pennsylvania. It was supposed to be the first commercial-scale nuclear power plant in the United States. But by December, the company’
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Innovation Corrupted The Rise and Fall of Enron A Malcolm S Salter 2004 And the rise and fall of Enron: Enron became an innovative company, and their energy-industry revolution began in 1999. As with most such revolutions, however, this one did not go as smoothly as hoped. look at these guys Enron’s initial energy business was called Enron Generation and Transmission. The company was set up under a special act of the United States Congress, known as the “En