The Front Blog

Conversations from the Four Rivers Region

Datebook: December 2 – Enron Files For Bankruptcy 10 Years Ago

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Before its bankruptcy on December 2, 2001, Enron employed approximately 22,000 staff and was one of the world’s leading electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron “America’s Most Innovative Company” for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the “Enron scandal.” The scandal also brought into question the accounting practices and activities of many corporations throughout the United States and was a factor in the creation of the Sarbanes–Oxley Act of 2002. It emerged from bankruptcy in November 2004, pursuant to a court-approved plan of reorganization: a new board of directors changed the name of Enron to Enron Creditors Recovery Corp., and focused on reorganizing and liquidating certain operations and assets of the pre-bankruptcy Enron. In 2006, Enron sold Prisma Energy International Inc., its last remaining business, to Ashmore Energy International Ltd.

It’s Friday December 2

Murray’s Playhouse in the Park opens its production of The Sound of Music tonight for a two weekend run. See playhouseinthepark.net for ticket and time information.

The first annual Paducah School of Art Student and Faculty Art Sale is at the Clemens Gallery at West Kentucky Community and Technical College tomorrow from 10 to 6 and Sunday from 11 to 4.

A Christmas Carol – The Musical – starts at 7 p.m. tonight and tomorrow night at the Alhambra Theatre in Hopkinsville.

The youth of Murray’s First United Methodist Church sponsor Dinner and Auction Sunday at 5:30 p.m. with proceeds going to youth missions.

There’s a Community Chorus Holiday Concert at the Clemens Fine Arts Center of WKCTC in Paducah Sunday afternoon at 3.

Murray Art Guild’s Art Market Holiday Open House and Reception is Sunday at 2.

The Humane Society of Marshall County offers Christmas Pet and Family Portraits tomorrow from 10 to 2 at the facility at 6301 68 East, Benton.

Murray’s Christmas Parade starts at 10 a.m. tomorrow.

See details at wkms.org. Thanks!

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One Response

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  1. The Enron scandal was 10 years ago? That makes me feel old.

    Angela Hatton

    December 2, 2011 at 11:31 am


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