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The bull market of the nineteen nineties helped to fuel Enron’s ambitions and contributed to its immediate growth. There were deals to be manufactured just about everywhere, and the corporation was Prepared to make a marketplace for anything at all that everyone was willing to trade.
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Mark-to-market accounting allowed the corporate to write unrealized advice foreseeable future gains from some buying and selling contracts into present-day income statements, thus offering the illusion of increased existing revenue.
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