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Unformatted text preview: and other companies? How did the Commodity Futures Modernization Act also create excessive risk and fraud opportunities at ENRON? 4. What is mark to market accounting and how did it contribute to ENRONs difficulties? What kinds of tactics did ENRON use to keep its profits so high year to year? Why did out of control costs contribute to ENRONs problems, and what caused this issue? 5. Was there a culture of Entitlement at ENRON? How do theories of white collar crime explain the actions of Ken Lay, Jeff Skilling, and other executives at ENRON? How does strain theory apply? Conspicuous Consumption? Block goals and means?...
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- Spring '10