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Many Enron executives were being indicted on a range of fees and were being afterwards sentenced to prison. Notably, in 2006, the two Skilling and Lay ended up convicted of conspiracy and fraud charges.
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Enron was Started in 1985 by Kenneth Lay in the merger of two all-natural gas transmission businesses, Houston Organic Gasoline Corporation and InterNorth, Inc.; the merged firm, HNG InterNorth, was renamed Enron in 1986. Following the U.S. Congress adopted a number of legal guidelines to deregulate the sale of organic gasoline in the early nineties, the business dropped its special ideal to work its pipelines.
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