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Roman516

06/29/23 12:02 AM

#605491 RE: CrashOverride #605484

So, Linda Power left Enron in 1997
https://www.investopedia.com/enron-executives-6831970

"KEY TAKEAWAYS
Enron was once a massive energy conglomerate, involved in everything from energy production to water treatment and broadband trading. It filed for bankruptcy in 2001.
Enron achieved its elevated status by engaging in many dubious accounting practices, using various off-balance sheet and third-party vehicles to remove debt from its balance sheet.
Investors and business partners became increasingly alarmed because no one understood how Enron made money, leading to a U.S. Securities and Exchange Commission (SEC) investigation and an accounting overhaul.
The Enron audits led to a restatement of debt and earnings dating back to 1997.
As a result of the audits, Enron filed for bankruptcy with $63.4 billion in assets—at the time, the largest U.S. bankruptcy filing ever."

https://www.bing.com/search?q=when+did+the+fraud+start+at+enron&form=ANNNB1&refig=93713fa9a4c84b9fb90516660552859e
October 2001

https://www.washingtonexaminer.com/linda-powers-a-keen-eye-for-the-right-opportunities

"Powers was appointed Deputy Assistant Secretary for Service Industries at the Commerce Department. After four years, she was hired at Enron, but left to launch her own venture capital firm in 1997 before the now-infamous scandal broke."

The bottom line, Linda Powers left Enron before all the scandal issues started, IMPO.
Bullish
Bullish