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Company Name: Enron Background: Enron is a large, complex corporation that made a killing selling electricity. Much like many big corporations, Enron had it’s good side and a bad side. In the year of 2002, the bad side of Enron was revealed to the nation. Enron filed for the largest bankruptcy in American history. Enron was one of the largest energy providers in the U.S. and assumed to be doing just fine, but they are now filed for bankruptcy and leaving many people confused about what happened. Enron was a Texas based company. It was formed in 1985, out of the junk-bond merger of two old-line natural gas companies. These companies were known as Houston Natural Gas and Omaha InterNorth. The deal integrated several pipeline systems to create the first nationwide natural gas pipeline system. Ken Lay, who had been the chief executive officer of Houston Natural Gas, was named chairman and chief executive officer of the company we now known as Enron. In 1994, Enron made its first electricity trade, beginning what would turn out to be one of the company’s biggest profit centers for the next few years. It took just over 15 years for Enron to turn itself into one of the world’s largest energy traders. Enron had at one