The financial cost of the Enron debacle to employees, executives, the surrounding community, and society is estimated to be in the _______________.
A) thousands
B) hundreds of thousands
C) millions
D) billions

Question

Quizplus · Accepted Answer

The Enron scandal resulted in billions of dollars in financial losses to employees, shareholders, and the surrounding society. The company's bankruptcy alone resulted in a loss of approximately $63.4 billion in market value. In addition, numerous lawsuits and settlements were filed, resulting in billions of dollars in additional costs.

The Financial Cost of the Enron Debacle to Employees, Executives