Question

How did the Enron scandal affect the public's trust in corporations?

The Enron scandal significantly undermined the public's trust in corporations. It exposed the extent to which a corporation could manipulate its financial statements to appear profitable while it was actually on the brink of financial disaster. This led to increased skepticism and demand for transparency in corporate financial reporting.

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The book captures your attention from the moment you begin to read Chapter One's You Can't Always Trust the Numbers. Headlines throughout the past few decades have told horror stories about corporations that have "tweaked" the books just enough to make it look like they were in the black and doing fine… but in reality they were just one step away from financial disaster. Remember the Enron story? It took years for accountants and prosecutors to sort out all of that ill-fated company's spurious transactions

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