Case 1 – Enron: Were They the Crookedest Guys in the Room?
Read “Enron: Were They the Crookedest Guys in the Room?” pages 265-283 in Understanding Business Ethics.
Also read the Case Summary located on pg. 607-30-1 thru 607-30-3 in the Study Reference Guide and answer the following questions.
Case 1 Questions:
1. What are “cookie jar” reserves? Explain Enron’s use of this concept.
2. Identify as many stakeholders as you can in this case. For each, explain how they were affected by the events surrounding the demise of Enron.
3. Summarize the main points of this case in one succinct paragraph.