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      "date": "2004-08-12",
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      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "The sudden and unexpected collapse of Enron Corp. was the first in a series of major corporate\naccounting scandals that has shaken confidence in corporate governance and the stock market. Only\nmonths before Enron's bankruptcy filing in December 2001, the firm was widely regarded as one\nof the most innovative, fastest growing, and best managed businesses in the United States. With the\nswift collapse, shareholders, including thousands of Enron workers who held company stock in their\n401(k) retirement accounts, lost tens of billions of dollars. It now appears that Enron was in terrible\nfinancial shape as early as 2000, burdened with debt and money-losing businesses, but manipulated\nits accounting statements to hide these problems. Why didn't the watchdogs bark? This report\nbriefly examines the accounting system that failed to provide a clear picture of the firm's true\ncondition, the independent auditors and board members who were unwilling to challenge Enron's\nmanagement, the Wall Street stock analysts who failed to warn investors of trouble ahead, the rules\ngoverning employer stock in company pension plans, and the unregulated energy derivatives trading\nthat was the core of Enron's business. This report also summarizes the Sarbanes-Oxley Act ( P.L.\n107-204 ), the major response by the 107th Congress to Enron's fall, and related legislative and\nregulatory actions during the 108th Congress. It will be updated as events warrant.\n  Other contributors to this report include William D. Jackson, Bob Lyke, Patrick Purcell, and\nGary Shorter.",
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      "id": "RS21135 2003-01-30",
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      "retrieved": "2005-06-11T11:36:19",
      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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      "id": "RS21135 2002-07-24",
      "date": "2002-07-24",
      "retrieved": "2005-06-11T11:35:51",
      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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      "id": "RS21135 2002-03-28",
      "date": "2002-03-28",
      "retrieved": "2005-06-11T11:35:35",
      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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      "sourceLink": "https://digital.library.unt.edu/ark:/67531/metacrs2837/",
      "id": "RS21135 2002-03-19",
      "date": "2002-03-19",
      "retrieved": "2005-06-11T11:35:21",
      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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      "date": "2002-02-04",
      "retrieved": "2005-06-11T11:35:08",
      "title": "The Enron Collapse: An Overview of Financial Issues",
      "summary": "This report briefly examines the accounting system that failed to provide a clear picture of the firm\u2019s true condition, the independent auditors and board members who were unwilling to challenge Enron\u2019s management, the Wall Street stock analysts and bond raters who missed the trouble ahead, the rules governing employer stock in company pension plans, and the unregulated energy derivatives trading that was the core of Enron\u2019s business. The report also describes related legislation that has received floor or committee action and will be updated regularly.",
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