DESK 2 — FILE OPEN
FOLDER E-0742CASE #2001-1202SHELF 4 / ROW C
CLOSED
BUREAU OF COMMERCIAL DEATHS
DIVISION OF COLD CASES / FORM 41-D / DEATH OF A GOING CONCERN
CASE NUMBER
CASE #2001-1202
SUBJECT
ENRON CORP.
DATE OPENED
July 16, 1985 — Houston, Texas
DATE CLOSED
December 2, 2001
KNOWN ALIASES
ENE (NYSE); formerly Northern Natural Gas
INVESTIGATOR
Det. Redact
CAUSE OF DEATH
Revenue was recognized in advance of its existence.
PEAK VALUATION
$68,000,000,000 (August 2000)
ASSETS RECOVERED
$7,200,000,000 returned to creditors over six years
CLASSIFICATION — MARK ONE
✕FRAUD
NEGLIGENCE
HUBRIS
MARKET FORCES
UNKNOWN
EVIDENCE SUMMARY
Subject was last seen posting record revenue. Forty-eight hours later, subject was unresponsive.
Losses were housed in partnerships owned by subject’s own officers. The arrangement was disclosed in footnotes and read by nobody.
Auditor of record destroyed thirty boxes of documentation and was itself pronounced dead within nine months. See CASE #2002-0831.
Remainder of statement sealed:
FILED BY Det. Redact · BADGE 0001NO FURTHER ACTION AUTHORIZED
PROPERTY OF THE BUREAUDO NOT REMOVE FROM ROOM 0114
MARGIN NOTE — INVESTIGATING OFFICER
Cross-referenced twice. The auditor died of the same thing. I don’t believe in coincidence and I have said so in writing.
Footnotes. It was all in the footnotes.
EVIDENCE TAG
ITEM E-0742
SUBJECT ENRON CORP.
RECEIVED 2001
CONDITION AS FOUND
SUBJECT ENRON CORP.
RECEIVED 2001
CONDITION AS FOUND