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ACC260

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Which segment of its operations got Enron into difficulties?


-I am unable to pin-point what action first got Enron into trouble? Was it that they were borrowing money that they did not have?

  • ACC260 - ,

    Is this right?

    Enron was hiding their debt with off-the-books partnerships. Enron was involved in partnerships to help hide their debt from the public. This led to Enron filing bankruptcy.

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