{"id":74654,"date":"2026-02-02T14:03:41","date_gmt":"2026-02-02T14:03:41","guid":{"rendered":"http:\/\/localhost\/!projects\/!webs\/thebiography.org\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/"},"modified":"2025-09-09T00:21:08","modified_gmt":"2025-09-09T00:21:08","slug":"comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires","status":"publish","type":"post","link":"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/","title":{"rendered":"Comment la fraude de 74 milliards de dollars d&rsquo;Enron a ruin\u00e9 ses actionnaires"},"content":{"rendered":"<p>L&rsquo;un des plus grands scandales du monde financier a \u00e9t\u00e9 la fraude comptable dans laquelle la soci\u00e9t\u00e9 Enron, autrefois g\u00e9ante, a \u00e9t\u00e9 impliqu\u00e9e, avant sa fermeture en 2001. La fraude est entr\u00e9e dans les livres d&rsquo;histoire comme l&rsquo;une des plus importantes en raison de la taille de l&rsquo;entreprise et des milliards d&rsquo;actifs qu&rsquo;elle impliquait.<\/p>\n<figure id=\"attachment_32095\" aria-describedby=\"caption-attachment-32095\" style=\"width: 779px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-32095\" src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398.png\" alt=\"\" width=\"779\" height=\"473\" srcset=\"\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398.png 779w, \/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398-300x182.png 300w, \/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398-175x106.png 175w, \/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398-450x273.png 450w, \/\/thebiography.org\/wp-content\/uploads\/2024\/11\/668e607c323039001d1da398-768x466.png 768w\" sizes=\"auto, (max-width: 779px) 100vw, 779px\" \/><figcaption id=\"caption-attachment-32095\" class=\"wp-caption-text\"><a href=\"https:\/\/res.cloudinary.com\/jerrick\/image\/upload\/v1720606845\/668e607c323039001d1da398.png\" target=\"_blank\" rel=\"nofollow noopener\">Source de l&rsquo;image<\/a><\/figcaption><\/figure>\n<p>Bien que les subtilit\u00e9s de la fraude notoire d&rsquo;Enron soient bien connues des personnes directement ou indirectement impliqu\u00e9es, cela n&rsquo;att\u00e9nue pas la curiosit\u00e9 que l&rsquo;affaire suscite encore dans l&rsquo;opinion publique, quant \u00e0 sa dur\u00e9e et \u00e0 sa complexit\u00e9.<\/p>\n<p>Alors, qu&rsquo;est-il arriv\u00e9 \u00e0 Enron? Comment une entreprise aussi vaste et autrefois prestigieuse a-t-elle pu tomber en disgr\u00e2ce en quelques heures? Qu&rsquo;en est-il des aspects juridiques de l&rsquo;affaire? Continuez \u00e0 regarder pour le savoir!<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/#Le_Jour_Infame\" >Le Jour Inf\u00e2me<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/#Comment_tout_sest_passe\" >Comment tout s&rsquo;est pass\u00e9.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/#Presages_dune_chute\" >Pr\u00e9sages d&rsquo;une chute<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/#La_Chute\" >La Chute<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Le_Jour_Infame\"><\/span>Le Jour Inf\u00e2me<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Le 16 octobre 2001 est une date que beaucoup ne seront jamais capables d&rsquo;oublier, car elle a marqu\u00e9 le jour o\u00f9 Enron Corporation, autrefois surnomm\u00e9e \u00ab l&rsquo;enfant ch\u00e9ri de Wall Street \u00bb, est tomb\u00e9e en disgr\u00e2ce. N\u00e9anmoins, il a fallu longtemps \u00e0 l&rsquo;entreprise pour en arriver l\u00e0, et avant cela, tr\u00e8s peu de personnes ext\u00e9rieures avaient remarqu\u00e9 que quelque chose n&rsquo;allait pas avec l&rsquo;entreprise.<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8220363953005131\" crossorigin=\"anonymous\"><\/script>\r\n<!-- TheBiography.org res1 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8220363953005131\"\r\n     data-ad-slot=\"3620885119\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<amp-ad layout=\"fixed-height\" height=300 type=\"adsense\" data-ad-client=\"ca-pub-8220363953005131\" data-ad-slot=\"3620885119\"><\/amp-ad>\r\n<\/p>\n<p>Pour expliquer la c\u00e9l\u00e8bre fraude Enron, il est n\u00e9cessaire de remonter \u00e0 1992, lorsque l&rsquo;entreprise a d\u00e9velopp\u00e9 et mis en \u0153uvre un nouveau syst\u00e8me comptable appel\u00e9 MTM, ou \u00ab valeur de march\u00e9 \u00bb. Cette strat\u00e9gie comptable a permis \u00e0 Enron d&rsquo;ajuster les bilans de leur valeur historique \u00e0 leur valeur actuelle en fonction du march\u00e9. Ce syst\u00e8me a \u00e9t\u00e9 d\u00e9velopp\u00e9 par l&rsquo;homme d&rsquo;affaires Jeff Skilling, qui a travaill\u00e9 dans la division \u00e9nergie du cabinet de conseil McKinsey &amp; Company avant d&rsquo;\u00eatre embauch\u00e9 comme associ\u00e9 Enron par le PDG de l&rsquo;entreprise, Kenneth Lay, en 1990.<\/p>\n<p>Selon le site web d&rsquo;<a rel=\"nofollow\" href=\"https:\/\/internationalbanker.com\/history-of-financial-crises\/the-enron-scandal-2001\/\" target=\"_blank\">International Banker<\/a>, le syst\u00e8me MTM pr\u00e9sente le risque que les entreprises puissent gonfler leurs chiffres, car les contrats et les actifs pourraient \u00eatre inscrits en comptabilit\u00e9 \u00e0 leur valeur future plut\u00f4t qu&rsquo;\u00e0 leur valeur actuelle, que l&rsquo;op\u00e9ration corresponde ou non \u00e0 ses attentes. Malgr\u00e9 les risques de chiffres gonfl\u00e9s, la Securities and Exchange Commission a approuv\u00e9 l&rsquo;utilisation du MTM chez Enron.<\/p>\n<p><iframe title=\"How Enron pioneered technology we take for granted today\" width=\"770\" height=\"433\" src=\"https:\/\/www.youtube.com\/embed\/RL5MD_8pg4A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Comment_tout_sest_passe\"><\/span>Comment tout s&rsquo;est pass\u00e9.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Compte tenu de la manipulation des chiffres et des difficult\u00e9s croissantes d&rsquo;Enron et de Jeff Skilling \u00e0 expliquer l&rsquo;origine des fonds inscrits au bilan, l&rsquo;entreprise a commenc\u00e9 \u00e0 cr\u00e9er des entit\u00e9s de but sp\u00e9cial. Celles-ci servaient de protection aux actifs d&rsquo;Enron et \u00e9pargnaient \u00e0 l&rsquo;entreprise les risques li\u00e9s aux pr\u00eats et aux pratiques douteuses, ce qui signifiait que les \u00e9checs commerciaux d&rsquo;Enron \u00e9taient imput\u00e9s \u00e0 ces entit\u00e9s de but sp\u00e9cial, tout en coupant tout lien avec la soci\u00e9t\u00e9 m\u00e8re, bas\u00e9 sur <a rel=\"nofollow\" href=\"https:\/\/corporatefinanceinstitute.com\/resources\/esg\/enron-scandal\/\" target=\"_blank\">l&rsquo;origine des fonds inscrits<\/a>.<\/p>\n<p>Une autre des techniques c\u00e9l\u00e8bres utilis\u00e9es par Enron pour gonfler intentionnellement ses chiffres \u00e9tait sa filiale Enron Broadband Services. En 2020, cette unit\u00e9 a conclu un accord avec le g\u00e9ant du divertissement Blockbuster pour fournir des services de films \u00e0 la demande, estimant ses b\u00e9n\u00e9fices futurs \u00e0 110 millions de dollars \u00e0 l&rsquo;\u00e9poque. Bien que le service aurait pu potentiellement r\u00e9pondre \u00e0 ces grandes attentes en raison de la nouveaut\u00e9 du service \u00e0 l&rsquo;\u00e9poque, l&rsquo;accord a \u00e9chou\u00e9 lorsque les soci\u00e9t\u00e9s de production cin\u00e9matographique s&rsquo;y sont oppos\u00e9es.<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8220363953005131\" crossorigin=\"anonymous\"><\/script>\r\n<!-- TheBiography.org res2 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8220363953005131\"\r\n     data-ad-slot=\"8502510853\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<amp-ad layout=\"fixed-height\" height=300 type=\"adsense\" data-ad-client=\"ca-pub-8220363953005131\" data-ad-slot=\"8502510853\"><\/amp-ad>\r\n<\/p>\n<p>N\u00e9anmoins, cela n&rsquo;a pas emp\u00each\u00e9 Enron de non seulement promouvoir le service, mais aussi de vendre des actions de l&rsquo;unit\u00e9 en se basant sur la valeur de l&rsquo;accord. Il est \u00e9galement rapport\u00e9 que plusieurs difficult\u00e9s financi\u00e8res et techniques ont entrav\u00e9 la concr\u00e9tisation d&rsquo;Enron Broadband Services, notamment le fait que les services de fourniture d&rsquo;acc\u00e8s \u00e0 <a rel=\"nofollow\" href=\"https:\/\/www.shortform.com\/blog\/enron-broadband\/\" target=\"_blank\">Internet<\/a> \u00e9taient encore \u00e0 un stade trop pr\u00e9coce de d\u00e9veloppement.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Presages_dune_chute\"><\/span>Pr\u00e9sages d&rsquo;une chute<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>D&rsquo;ici 2001, les informations financi\u00e8res et comptables d&rsquo;Enron Corporation \u00e9taient tenues presque secr\u00e8tes en raison de la complexit\u00e9 de ses livres comptables. Peu avant que le scandale n&rsquo;\u00e9clate \u00e0 la fin de cette ann\u00e9e-l\u00e0, le PDG Kenneth Lay a d\u00e9clar\u00e9 au <a rel=\"nofollow\" href=\"https:\/\/www.nytimes.com\/2001\/08\/29\/business\/two-are-promoted-as-enron-seeks-executive-stability.html\" target=\"_blank\">New York Times<\/a> que la complexit\u00e9 des livres d&rsquo;Enron \u00e9tait due \u00e0 la nature des op\u00e9rations de l&rsquo;entreprise et aux tactiques fiscales mises en \u0153uvre.<\/p>\n<p>https:\/\/www.facebook.com\/watch\/?v=510254599693924<\/p>\n<p>Cependant, ce rapport du New York Times a \u00e9galement apport\u00e9 une certaine clart\u00e9 aux inqui\u00e9tudes que les analystes financiers avaient concernant Enron \u00e0 l&rsquo;\u00e9poque. L&rsquo;un d&rsquo;eux a d\u00e9clar\u00e9 au journal qu&rsquo;il \u00e9tait \u00ab d\u00e9concertant \u00bb de voir \u00e0 quel point il \u00e9tait difficile de d\u00e9terminer les b\u00e9n\u00e9fices d&rsquo;Enron, mais Lay a balay\u00e9 ces inqui\u00e9tudes, affirmant qu&rsquo;il y avait suffisamment d&rsquo;informations pour satisfaire les analystes.<\/p>\n<p>Des mois avant cet incident, la journaliste Bethany McLean a publi\u00e9 un article dans <a rel=\"nofollow\" href=\"https:\/\/web.archive.org\/web\/20101012033011\/http:\/money.cnn.com\/2006\/01\/13\/news\/companies\/enronoriginal_fortune\/index.htm\" target=\"_blank\">Fortune<\/a> dans lequel elle remettait en question la solidit\u00e9 financi\u00e8re d&rsquo;Enron. Selon elle, l&rsquo;entreprise se d\u00e9peignait en termes \u00ab grandioses \u00bb, pourtant la commercialisation du gaz et de l&rsquo;\u00e9nergie n&rsquo;\u00e9tait pas un secteur suffisamment complexe pour expliquer pourquoi il \u00e9tait si difficile de comprendre comment l&rsquo;entreprise gagnait de l&rsquo;argent.<\/p>\n<p>Quelques mois plus tard, la confiance dans les activit\u00e9s d&rsquo;Enron a diminu\u00e9, parall\u00e8lement \u00e0 la valeur boursi\u00e8re de ses actions, qui avait atteint un sommet historique cette ann\u00e9e-l\u00e0.<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8220363953005131\" crossorigin=\"anonymous\"><\/script>\r\n<!-- TheBiography.org res3 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8220363953005131\"\r\n     data-ad-slot=\"1812684276\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<amp-ad layout=\"fixed-height\" height=300 type=\"adsense\" data-ad-client=\"ca-pub-8220363953005131\" data-ad-slot=\"1812684276\"><\/amp-ad>\r\n<\/p>\n<h2><span class=\"ez-toc-section\" id=\"La_Chute\"><\/span>La Chute<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Malgr\u00e9 les premi\u00e8res tentatives pour apaiser les inqui\u00e9tudes des actionnaires, en octobre 2001, Enron a annonc\u00e9 qu&rsquo;une rectification \u00e9tait n\u00e9cessaire pour corriger ses \u00e9tats comptables des ann\u00e9es pr\u00e9c\u00e9dentes. Cela signifiait que plusieurs violations comptables avaient eu lieu dans l&rsquo;entreprise de 1997 \u00e0 2000, entra\u00eenant une diminution de 23 % des b\u00e9n\u00e9fices pr\u00e9c\u00e9demment estim\u00e9s au cours de ces trois ann\u00e9es.<\/p>\n<p>Voyant l&rsquo;image autrefois dor\u00e9e de l&rsquo;entreprise s&rsquo;effondrer avec la perte de 613 millions de dollars \u2013 qui avait \u00e9t\u00e9 gonfl\u00e9e \u2013 les actions d&rsquo;Enron ont historiquement chut\u00e9 de plus de 20 $ \u00e0 moins de 6 $ en quelques heures. Cette chute a \u00e9t\u00e9 d\u00e9clench\u00e9e par la r\u00e9v\u00e9lation que la Securities and Exchange Commission des \u00c9tats-Unis enqu\u00eatait sur les transactions de l&rsquo;entreprise.<\/p>\n<div id='gallery-2' class='gallery galleryid-74654 gallery-columns-5 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/2706OB1.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"data:image\/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMTUwIDE1MCcgeG1sbnM9J2h0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnJz48L3N2Zz4=\" class=\"attachment-thumbnail size-thumbnail lazyload\" alt=\"\" data-src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/2706OB1-150x150.jpg\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/06legal395.webp'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"data:image\/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMTUwIDE1MCcgeG1sbnM9J2h0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnJz48L3N2Zz4=\" class=\"attachment-thumbnail size-thumbnail lazyload\" alt=\"\" data-src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/06legal395-150x150.webp\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/Enron-logo-corporate-headquarters-Houston-Texas-January-23-2002.webp'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"data:image\/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMTUwIDE1MCcgeG1sbnM9J2h0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnJz48L3N2Zz4=\" class=\"attachment-thumbnail size-thumbnail lazyload\" alt=\"\" data-src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/Enron-logo-corporate-headquarters-Houston-Texas-January-23-2002-150x150.webp\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/1920x0.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"data:image\/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMTUwIDE1MCcgeG1sbnM9J2h0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnJz48L3N2Zz4=\" class=\"attachment-thumbnail size-thumbnail lazyload\" alt=\"\" data-src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/1920x0-150x150.jpg\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/ad9744_ac0df0d801c646fc9acd54755a32e9b5mv2.png'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"data:image\/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMTUwIDE1MCcgeG1sbnM9J2h0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnJz48L3N2Zz4=\" class=\"attachment-thumbnail size-thumbnail lazyload\" alt=\"\" data-src=\"https:\/\/thebiography.org\/wp-content\/uploads\/2024\/11\/ad9744_ac0df0d801c646fc9acd54755a32e9b5mv2-150x150.png\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n<p>\u00a0<\/p>\n<p>En novembre de cette ann\u00e9e-l\u00e0, les actions d&rsquo;Enron valaient moins d&rsquo;1 $, et l&rsquo;entreprise a d\u00e9pos\u00e9 le bilan, invoquant son manque de liquidit\u00e9s pour continuer \u00e0 fonctionner. S&rsquo;ensuivit une s\u00e9rie de proc\u00e8s et des peines de plusieurs ann\u00e9es, Jeffrey Skilling \u00e9copant d&rsquo;une amende de 45 millions de dollars et d&rsquo;une peine de 24 ans de prison. Pour sa part, Kenneth Lay a \u00e9t\u00e9 reconnu coupable de conspiration et de fraude, mais n&rsquo;a pas \u00e9t\u00e9 emprisonn\u00e9, \u00e9tant d\u00e9c\u00e9d\u00e9 d&rsquo;une crise cardiaque avant que sa peine ne soit prononc\u00e9e, \u00e0 la suite d&rsquo;un verdict <a rel=\"nofollow\" href=\"https:\/\/money.cnn.com\/2006\/05\/25\/news\/newsmakers\/enron_verdict\/index.htm\" target=\"_blank\">d&rsquo;une amende de 45 millions de dollars<\/a>.<\/p>\n<p>En fin de compte, la fraude Enron a \u00e9t\u00e9 l&rsquo;un des cas les plus odieux de malveillance comptable et de pratiques commerciales cruelles. Bien que cette affaire ait finalement \u00e9t\u00e9 d\u00e9pass\u00e9e en ampleur par l&rsquo;inflation dans d&rsquo;autres effondrements d&rsquo;entreprises frauduleuses, les victimes d&rsquo;Enron n&rsquo;ont certainement jamais oubli\u00e9 ces jours terribles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>L&rsquo;un des plus grands scandales du monde financier a \u00e9t\u00e9 la fraude comptable dans laquelle la soci\u00e9t\u00e9 Enron, autrefois g\u00e9ante, a \u00e9t\u00e9 impliqu\u00e9e, avant sa fermeture en 2001. La fraude est entr\u00e9e dans les livres d&rsquo;histoire comme l&rsquo;une des plus importantes en raison de la taille de l&rsquo;entreprise et des milliards d&rsquo;actifs qu&rsquo;elle impliquait. Bien<\/p>\n","protected":false},"author":1,"featured_media":32094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"amp_status":"","footnotes":""},"categories":[6604],"tags":[],"class_list":{"0":"post-74654","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-listes"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comment la fraude de 74 milliards de dollars d&#039;Enron a ruin\u00e9 ses actionnaires<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebiography.org\/fr\/comment-la-fraude-de-74-milliards-de-dollars-denron-a-ruine-ses-actionnaires\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comment la fraude de 74 milliards de dollars d&#039;Enron a ruin\u00e9 ses actionnaires\" \/>\n<meta property=\"og:description\" content=\"L&rsquo;un des plus grands scandales du monde financier a \u00e9t\u00e9 la fraude comptable dans laquelle la soci\u00e9t\u00e9 Enron, autrefois g\u00e9ante, a \u00e9t\u00e9 impliqu\u00e9e, avant sa fermeture en 2001. 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