The trades permitted the producers to mitigate the potential risk of energy-price tag fluctuations by correcting the offering price of their products through a deal negotiated by Enron for just a fee.
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Spotlight the key accounting procedures Enron used to conceal its economical losses and inflate its earnings.
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One among his brightest recruits was Andrew Fastow, who promptly rose with the ranks to be Enron’s chief money officer. Fastow oversaw the funding of the organization by investments in significantly elaborate devices, although Skilling oversaw the constructing of its large trading Procedure.
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