The now defunct Enron Corporation, once headquartered in Houston, Texas provided products and services for natural gas, electricity, and communications to wholesale and retail customers. Enron's operations were conducted through variety of subsidiaries and affiliates that involved transporting gas through pipelines, transmitting electricity, and managing energy commodities.

	In Millions
Total Revenues	$100,789
Total costs and expenses	98,836
Operating Income	1,953
Net Income	979
Total Assets	65,503
Total Liabilities	54,033
Total Owners Equity	11,470
Net Cash Flows Operating Activities	4,779
Net Cash Flow from Investing Activities	(4,265)
Net Cash Flow from Financing Activates	571
Net Increase in Cash	1,086

The market price of Enrons stock was approximately $83 per share when the prior financial statement data were taken. Before it went bankrupt, Enrons stock sold for $0.22 per share. Review the preceding financial statement data and search the internet for articles on Enron Corporation. Briefly explain why Enrons stock dropped so dramatically.