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One among his brightest recruits was Andrew Fastow, who swiftly rose with the ranks to become Enron’s Main fiscal officer. Fastow oversaw the financing of the corporation by way of investments in significantly complicated instruments, although Skilling oversaw the setting up of its wide trading Procedure.

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Mark-to-market accounting allowed the company to write unrealized foreseeable future gains from some trading contracts into existing money statements, thus providing the illusion of larger present-day gains.

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