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CNN Editorial Research (CNN) — Here’s a look at Enron, an energy trading company that collapsed after a massive accounting fraud scheme was

Enron Fast Facts Facts 1986 – Lay is appointed chairman and CEO of Enron. 1989 – Enron enters the natural gas commodities trading market. 1990 – Skilling, an energy consultant, is hired to run a new subsidiary called Enron Finance Corp. August 2001 – Sherron Watkins, a vice president, warns Lay that the company could “implode in a wave of accounting scandals.” October 16, 2001 – Enron announces a third-quarter loss of $618 million. The company later reveals that it overstated earn...