A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part III - Chapter 18 : CEOs  > The Enron Story  :  « Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12   Next »

  Enron : Climax of executive greed and deception 

Page entitled : Ken Rice and Enron Broadband Services riding the Internet wave

Content of this page is about :
How Jeff Skilling and Ken Rice, CEO of Enron Broadband Services, hyped the value of Enron's inroad into the Internet business, boosting Enron's share price to ever new heights.


Extract :
... Enron added the idea of trading broadband capacity and establishing a secondary market, much as it had done before with gas and electricity.

To Jeff Skilling and Enron’s top management, EBS was a way to surf the Internet wave and thereby enhance Enron’s share price, whence the pressure to go fast, disregarding details, notably that BOS was not completely up and running. ...

 

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