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How Share-Price Fixation Killed Enron

Harvard Business Review

In December, 2001, just prior to filing for bankruptcy, Enron Corporation had approximately $2 billion in cash and no debt coming due. In a keynote speech , he said Enron went bankrupt because of "decisions" made in October 2001. Were the rating agencies aware of Enron''s oft-maligned financing structures?

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How Amazon Trained Its Investors to Behave

Harvard Business Review

In fact, Amazon was only operating at such a high burn rate because it could. By the fourth quarter of 2001 — that is, within about 21 months — it was turning a profit. Once investors stopped giving it free money, the company quickly cut back on its investments and its losses. After that the No.