Noun
Enron (plural Enrons)
The events that led up to the bankruptcy of the Enron Corporation, or by extension any similar events.
19 days after the prize was awarded to Greenspan, Enron declared bankruptcy. Source: Internet
Also, Lay's wife, Linda, was accused of selling 500,000 shares of Enron stock totaling $1.2 million on November 28, 2001. Source: Internet
An advancing price meant a continued infusion of investor capital on which debt-ridden Enron in large part subsisted (much like a financial "pyramid" or " Ponzi scheme "). Source: Internet
A new board of directors changed the name of Enron to Enron Creditors Recovery Corp., and emphasized reorganizing and liquidating certain operations and assets of the pre-bankruptcy Enron. Source: Internet
Another major development inside Enron was the beginning of the company's pivot to overseas that was expanded upon in the 1990s. Source: Internet
At the time of its bankruptcy filing during December 2001, Enron was structured into seven distinct business units. Source: Internet