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Resource ID: #18757
Subject: Business
Source: Wall Street Journal (New York)
Affiliation: 
Date: 2001-10-17

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Description

The Wall Street Journal reports on the first signs of the Enron crisis. The stories explore "the inner financial workings" of the corporation, and focus on its private partnerships which had escaped public view. The series also looks at how the partnerships made profits for executives personally involved in them, and how this distorted Enron's financial picture by enriching insiders at the expense of investors. The Journal stories have been considered by Enron "as one of the principal reasons for the catastrophic collapse of investor confidence that sank the company."

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