Judge.The fourth step suggests that we take a “moral inventory” of ourselves, which is generally understood to mean that stepworkers must look carefully at their lives and report back honestly about what they see.
MORAL INVENTORY MEANING UPDATE
“ UPDATE 1-Toronto Firm May Pursue Lawsuit Over Enron Bond Sales -U.S. “ Largest Bankruptcies in the United States as of June 2019, by Assets at Time of Bankruptcy.” “ Blind Faith: How Deregulation and Enron’s Influence Over Government Looted Billions from Americans,”. “ Sherron Watkins: Corporate Whistleblower.” “ H.R.3763 - Sarbanes–Oxley Act of 2002.”ĮSRC Centre for Business Research, University of Cambridge, via CORE. “ Jeffrey Skilling, Former Enron Chief, Released After 12 Years in Prison.” “ Former Enron CEO Jeffrey Skilling Resentenced to 168 Months for Fraud, Conspiracy Charges.” “ Federal Jury Convicts Former Enron Chief Executives Ken Lay, Jeff Skilling on Fraud, Conspiracy and Related Charges.” “ SEC Statement Regarding Andersen Case Conviction.”Ĭornell Law School, Legal Information Institute. Causey,” Pages 29–38.Įnron Creditors Recovery Corp., via Internet Archive. Fastow, Former Enron Chief Financial Officer, Pleads Guilty, Settles Civil Fraud Charges and Agrees to Cooperate with Ongoing Investigation.” Securities and Exchange Commission Roundtable on Hedge Funds: Panel Discussion: “Hedge Fund Strategies and Market Participation”.” “ Long-Term Capital Management: Regulators Need to Focus Greater Attention on Systemic Risk.” “ Enron and the Use and Abuse of Special Purpose Entities in Corporate Structures.” “ Former Enron Chief Financial Officer Andrew Fastow Pleads Guilty to Conspiracy to Commit Securities and Wire Fraud, Agrees to Cooperate with Enron Investigation.”ĭuke Law Scholarship Repository, via University of Cincinnati Law Review. “ Two Enron Executives Charged with Fraud, Conspiracy and False Statements.” “ CFTC Charges Enron with Price Manipulation and Other Illegal Acts.” “ Financial Oversight of Enron: The SEC and Private-Sector Watchdogs,” ( of PDF).įederal Reserve Bank of St. Senate, Committee on Governmental Affairs. Louis, FRED (Federal Reserve Economic Data). “ Enron Corporation.”įederal Reserve Bank of St. “ Report of Investigation of Enron Corporation and Related Entities Regarding Federal Tax and Compensation Issues, and Policy Recommendations,” Pages 77 and 84 (Pages 99 and 106 of PDF). Congress, Joint Committee on Taxation, via Internet Archive.
Enron’s new, unregulated power auction led to revenues at its Wholesale Services business quadrupling to $48.4 billion in the first quarter (Q1) of 2001 compared with the year-ago period. As Enron was one of the main players in such market manipulation, its energy traders were able to sell power at multiples of normal peak power prices. Subsequent investigations by state and federal officials concluded that power generators and power marketers intentionally withheld electricity to create artificial shortages and increase the cost of power.
After the bill was passed, California endured an acute electricity shortage that caused as many as 38 rolling blackouts by June 2001, compared with only one in the six-month period preceding the bill. In December 2000, a bill that deregulated energy commodity trading in California was passed, allowing Enron to operate an unregulated power auction called EnronOnline that rapidly gained control over a large share of the state’s electricity and natural gas market.
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