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Enron was basically a pyramid scheme at the end. It collapsed because eventually you cannot expand anymore but also cannot justify your lack of cash flow withou
by LatteLazy 4y ago
Enron was basically a pyramid scheme at the end. It collapsed because eventually you cannot expand anymore but also cannot justify your lack of cash flow without expanding. Greasing of palms MIGHT have let some people avoid prison or even prosecution. But the game was over because it was just too big to NOT fail...