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Less than Skilling’s leadership, Enron shortly dominated the marketplace for normal fuel contracts, and the corporate began to produce large profits on its trades.
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The severity of the situation commenced to become evident in mid-2001 as a number of analysts began to dig into the details of Enron’s publicly launched economical statements.
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The trades authorized the producers to mitigate the risk of Power-price tag try here fluctuations by repairing the selling price of their products via a agreement negotiated by Enron for any payment.