|Front Page | In-depth | Business | The Enron affair|
| November 2001: The final days|
Enron struggles to stay afloat and scrambles for a merger
19 - 26 November:
Enron could only stay afloat if its credit rating were to remain high.
On 19 November Enron sought to negotiate better conditions for $690m of debt that were due for immediate repayment, but the shares were still falling.
The shares fell through the psychological $7 mark, their lowest level for a decade. They continued to fall even after Enron won a reprieve on the immediate debt.
Within days the shares plummeted to just $4.01.
Click on the red dots on the graph for more detail.
|Back to Top|
| © MMV | News Sources | Privacy