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Enron Corporation files for Chapter 11 bankruptcy

Enron Corporation, once the seventh-largest U.S. company, filed for Chapter 11 bankruptcy protection after revelations of accounting fraud and collapsing investor confidence.

Enron Corporation files for Chapter 11 bankruptcy

The company's sudden collapse triggered major market turmoil, prompted high-profile corporate governance and accounting reforms, and became a defining corporate scandal of the early Bush presidency.

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