The Role of Greed and Deception in the Collapse of Energy Giant Enron and What It Means for Kenneth Lay

Location

CSU North Ballroom

Start Date

24-4-2006 1:30 PM

End Date

24-4-2006 3:30 PM

Student's Major

Accounting and Business Law

Student's College

Business

Mentor's Name

Georgia Holmes

Mentor's Department

Accounting and Business Law

Mentor's College

Business

Description

Abuse of power, cover up and collapse of the nation's fifth largest corporation are possible additions for inclusion on Kenneth Lay's future resume. The former Enron executive has 11 criminal charges pending against him, including bank fraud, insider trading and making false statements. The SEC (Securities & Exchange Commission) is the regulatory body which enforces the Securities Act of 1933. The act has two basic objectives, (1) to require that investors receive financial and other significant information concerning securities being offered for public sale; and (2) to prohibit deceit, misrepresentations, and other fraud in the sale of securities. A primary means of accomplishing these goals is through the registration of public securities. A detailed analysis will be presented of the facts behind the charges against Ken Lay, the events that led up to Enron's collapse and possible political issues from the Enron scandal.

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Apr 24th, 1:30 PM Apr 24th, 3:30 PM

The Role of Greed and Deception in the Collapse of Energy Giant Enron and What It Means for Kenneth Lay

CSU North Ballroom

Abuse of power, cover up and collapse of the nation's fifth largest corporation are possible additions for inclusion on Kenneth Lay's future resume. The former Enron executive has 11 criminal charges pending against him, including bank fraud, insider trading and making false statements. The SEC (Securities & Exchange Commission) is the regulatory body which enforces the Securities Act of 1933. The act has two basic objectives, (1) to require that investors receive financial and other significant information concerning securities being offered for public sale; and (2) to prohibit deceit, misrepresentations, and other fraud in the sale of securities. A primary means of accomplishing these goals is through the registration of public securities. A detailed analysis will be presented of the facts behind the charges against Ken Lay, the events that led up to Enron's collapse and possible political issues from the Enron scandal.

Recommended Citation

Grant, Todd. "The Role of Greed and Deception in the Collapse of Energy Giant Enron and What It Means for Kenneth Lay." Undergraduate Research Symposium, Mankato, MN, April 24, 2006.
https://cornerstone.lib.mnsu.edu/urs/2006/poster-session-C/4