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1. What was the event that made the Wall Street Journal reporters suspicious that something at Enron was amiss? 2. In 1998, Enron invited analysts

1. What was the event that made the Wall Street Journal reporters suspicious that something at Enron was amiss?

2. In 1998, Enron invited analysts to their headquarters in Houston to show off what? Why did this indicate an ethical problem?

3. What reason did Skilling give for resigning?

4. What new industry was Skilling promoting to analysts that was new at the time?

5. Why did the Prudential analyst start to worry that the broadband venture was faltering?

6. Who was Andy Fastow?

7. What aspect of the code of ethics did the Board of Directors waive for Andy Fastow?

8. What big event happened during the middle of the unfolding of the Enron story?

9. Who did Ken Lay, the CEO, blame for the crashing stock price?

10. What was the piece of financial engineering that caused Enron to announce they would need to restate earnings?

11. Arthur Andersen formed a crisis response unit as Enron began to fail. Their concerns were validated when they received a letter from the SEC informing them of an investigation into Enron. What did audit partner David Duncan then direct staff to do, and what defense did Andersen give for that action?

12. What did barges in Africa have to do with Enron? Who bought them, and why was it an accounting trick?

13. Which Enron executive did investigators have the hardest time connecting to the accounting fraud? What happened after this person was convicted?

14. Why were Enron employees unable to sell their stock when the stock price began to plummet?

15. What new law was passed in the wake of Enron, and what was one of its provisions?

16. To whom did Sharon Watkins take her concerns about accounting problems? Was she a whistleblower, and why?

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