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Economy

Enron built a fake trading floor to impress investors

HERE’S THE INTERESTING PART

When your accounting is entirely fraudulent, you have to invest heavily in community theater. In 1998, Enron rushed to build a massive, buzzing 'trading floor' solely to impress visiting stock analysts. Executives ordered secretaries and random staff to pretend to make frantic phone calls and look busy, successfully duping Wall Street into believing the energy giant was massively profitable.

Enron built a fake trading floor to impress investors
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