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The Enron Scandal was a series of gatherings that resulted from the individual bankruptcy from the U.S. Power, commodities, and services organization Enron Company in 2001 along with the dissolution of Arthur Andersen LLP, which were amongst the largest auditing and accounting providers on this planet.
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The trades permitted the producers to mitigate the potential risk of energy-value fluctuations by repairing the marketing cost of their goods by way of a agreement negotiated by Enron to get a fee.
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