On December 31, 2000, Enron's stock was priced at $83.13 and its market capitalization exceeded $60 billion, 70 times earnings and six times book value, an indication of the stock market's high expectations about its future prospects. In addition, Enron was rated the most innovative large company in America in Fortune's Most Admired Companies survey.

However, by October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen then one of the five largest audit and accountancy partnerships in the world was effectively dissolved. In addition to being the largest bankruptcy reorganization in U.S. history at that time, Enron was cited as one of the world's biggest audit failure.

This documentary and bankruptcy also touches upon many of the topics we have discussed in our class. So after watching the video, please answer the questions below:

1. Had you heard of the Enron scandal before? What is your reaction to what you learned in the video?

2. What topics have we discussed in class that we can also be seen in the documentary? How do those topics relate to Enron's failure?

3. Can you think of any other companies or organizations that are facing similar challenges or charges to the ones Enron faced?

On December 31,2000 , Enron's stock was priced at $83.13 and its market capitalization exceeded $60 billion, 70 times eamings and six times book value, an indication of the stock market's high expectations about its future prospects. In addition. Enron was rated the most innovative large company in America in Fortune's Most Admired Companies survey. However, by October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen - then one of the five largest audit and accountancy partnerships in the world - was effectively dissolved. In addition to being the largest. bankruptcy reorganization in U.S. history at that time, Enron was cited as one of the world's biggest audit failure. This documentary and bankruptcy also touches upon many of the topics we have discussed in our class. So after watching the video, please answer the questions below: 1. Had you heard of the Enron scandal before? What is your reaction to what you learned in the video? 2. What topics have we discussed in class that we can also be seen in the documentary? How do those topics relate to Enron's failure? 3. Can you think of any other companies or organizations that are facing similar challenges or charges to the ones Enron faced