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Talk about the part played by Enron’s board of directors in the corporation’s corporate governance failures And just how they could have acted in a different way to forestall the scandal.
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Enron was Launched in 1985 by Kenneth Lay inside the merger of two organic gasoline transmission firms, Houston Organic Gas Corporation and InterNorth, Inc.; the merged corporation, HNG InterNorth, was renamed Enron in 1986. After the U.S. Congress adopted a series of regulations to deregulate the sale of pure gas inside the early nineteen nineties, the corporation dropped its distinctive right to work its pipelines.
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