"Enron Scandal: The Fall of a Wall Street Darling." Investopedia. N.p., 07 Oct. 2016. Web. 22 Oct.
Murphy, Kate, and Alexei Barrionuevo. "Fastow Sentenced to 6 Years." The New York Times. N.p., 26
Sept. 2006. Web. 23 Oct. 2016.
The Enron Scandal
1985: Enron was founded in 1985 as a merger between Houston Natural Gas and Omaha based
1989: Trading natural gas commodities.
1991: Richard Causey leaves Arthur Andersen to join Enron.
1996: Enron was praised for its expansi
Universal health care
Cultural norm of equality
Fixed XR- stability
o High wages- productivity in trad
Was 11 largest economy in the world
Heavy reliance on both foreign and domestic debt
Japanese rule- 1910-1945
Centuries of domination by its powerful neighbors created fierce spirit of independence among
Colonized by japan till 1945