Enron

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Enron Corporation
Public
Traded asNYSE: ENE
IndustryEnergy
FateBankruptcy
Predecessor
Successor
Founded1985 (1985) in Omaha, Nebraska, United States
FounderKenneth Lay
Defunct2001 (2001)
Headquarters
1400 Smith Street
Houston, Texas
,
United States
Area served
United States, India, Caribbean, Brazil
Key people
ServicesEnergy
Revenue$100.789 billion
$979 million
Total assets$67.503 billion
Number of employees
29,000 (2001)
DivisionsEnron Energy Services (EES) Enron Xcelerator

Enron Creditors Recovery Corporation (formerly Enron Corporation, NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. Enron used to have around 22,000 people before it went bankrupt in late 2001. In 2001, it was revealed that people in Enron were involved in accounting fraud. The company closed in 2007.