Former Enron CFO Andrew Fastow gives his sworn deposition about banks that participated with Enron and explains what kind of fraud they committed. On December 2, 2001 Enron filed for chapter 11 bankruptcy which caused thousands to lose their jobs.
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The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the de facto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world.
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