Enron was able to convince it's shareholders, partners, vendors and the world that it was financially healthy up until regulators and prosecutors showed up to collect boxes of shredded documents with subpoenas. There were some analysts that weren't buying the stories of the executive leadership and "asked too many questions" resulting in their firing from firms like Merill Lynch. Like in Project 1 your job is to put together another executive summary for the benefit of the shareholders. Do your own fundamental analysis at the start of the turn of the share prices and summarize your findings in a way that could show the average non-financial manager that getting out when you say they must wasn't just a hunch, but supported through your analysis and supported criticism of Enron's financial position.