Enron Scandal By spiazzol Mar 9, 1985 Houston Natural Gas merges with InterNorth to form Enron and HNG CEO, Kenneth Lay, becomes CEO of the merged company Mar 9, 1989 Enron starts to trade natural gas commodities Mar 15, 1999 Finance chief created partnerships to help company hide debt and inflate profits Mar 15, 2000 Enron's shares hit high level of $90 Aug 22, 2001 Finance executives met to discuss finance and accounting concerns Dec 2, 2001 Enron goes bankrupt and thousands of workers laid off Jan 9, 2002 Justice Department officially begins a criminal investigation of Enron Aug 21, 2002 Former finance executives plead guilty to money laundering and conspiracy Apr 18, 2005 Enron broadband trial begins Mar 15, 2016 Enron announces huge losses and the SEC starts inquiring about Enron's finances.