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.
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
