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Chapter 5. What it Meant to “Do the Righ... > Inflating the Enron Bubble

Inflating the Enron Bubble

A striking aspect of the Enron story is that the company's success in deceiving the investing public into believing that it was both growing very rapidly and profitable was made possible only by the energetic cooperation of many key elements of the Financial Value Chain, especially investment banks, accounting firms, and regulatory agencies.

Enron used several means to give its revenues and profits the appearance of enormous growth during the years of the bubble and beyond into late 2001. Its key methods were:


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