Enron Scandal

  • Houston Natural Gas merges with InterNorth to form Enron and HNG CEO, Kenneth Lay, becomes CEO of the merged company

    Houston Natural Gas merges with InterNorth to form Enron and HNG CEO, Kenneth Lay, becomes CEO of the merged company
  • Enron starts to trade natural gas commodities

  • Finance chief created partnerships to help company hide debt and inflate profits

  • Enron's shares hit high level of $90

    Enron's shares hit high level of $90
  • Finance executives met to discuss finance and accounting concerns

  • Enron goes bankrupt and thousands of workers laid off

  • Justice Department officially begins a criminal investigation of Enron

  • Former finance executives plead guilty to money laundering and conspiracy

  • Enron broadband trial begins

    Enron broadband trial begins
  • Enron announces huge losses and the SEC starts inquiring about Enron's finances.