The Bankruptcies of Enron and Orange County
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The Bankruptcies of Enron and Orange County
This section will examine the similarities and differences between Enron, the largest bankruptcy of a private firm in US history - and Orange County, the largest bankruptcy of a public entity in US History.
Board of Supervisors Member Gaddi Vasquez was able to get out of the Orange County Bankruptcy with a slap on the wrist from the SEC.
Will members of the Board of Directors of Enron be able to plead ignorance and get off so easy?