8 Bad Business Decisions
By siliconindia   |   Wednesday, 14 September 2011, 23:55 IST   |    1 Comments
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Trying to Fool People
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From being one of the leading companies in natural gas, electricity and communications in 2001, Enron became bankrupt due to a scandal. The company had lost a great deal of money in the earlier quarters. Instead of playing the truth, Enron and its accounting firm wide receiver Arthur Andersen decided to fabricate numbers, shred documents and make deals with non-existent companies to project itself as a health company. The deception was soon revealed and the world lost trust in Enron.

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