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Case 7 In the fall of 2001, Enron, the eighth largest corporation in the United States, declared bankruptcy unexpectedly, and investors lost approximately $60 billion.

Case 7

In the fall of 2001, Enron, the eighth largest corporation in the United States, declared bankruptcy unexpectedly, and investors lost approximately $60 billion. From your reading about this famous case, did Enrons bankruptcy involve fraud? If so, what type?

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