The right answer or rather the best answer listed below:
Understanding Today's Crossword Puzzle
The clue for today's crossword puzzle is "Defunct scandal-plagued company." The answer for this clue is "ENRON."
Explanation:
- Defunct: The word "defunct" refers to something that is no longer in existence or operation. In the context of this clue, it suggests that the company mentioned is no longer functional or operational.
- Scandal-plagued: The term "scandal-plagued" indicates that the company faced significant controversies and scandals during its existence.
- Company: This clue specifies that we are looking for the name of a company.
Putting these clues together, we can deduce that the answer "ENRON" fits the given clue. The energy company Enron Corporation is widely known for its involvement in one of the most notorious corporate scandals in history.
Enron was an American energy company founded in 1985 and filed for bankruptcy in 2001 due to accounting fraud and unethical practices. Its downfall was a result of various illegal activities, including manipulating financial statements, hiding debt, and engaging in insider trading.
The scandal had far-reaching consequences, leading to the eventual dissolution of Enron, significant job losses, and a loss of trust in corporate governance. The Enron scandal exposed the flaws in corporate oversight and highlighted the need for stricter regulations and transparency in the business world.
Overall, the answer "ENRON" accurately matches the clue "Defunct scandal-plagued company" due to the company's notorious history of scandals and its eventual demise.
The Crossword clue "Defunct scandal-plagued company" published 2 time/s & has 1 answer/s.
| Crossword | Date | Answer |
| The Washington Post | 11 July 2018 | ENRON |
| L.A. Times Daily | 11 July 2018 | ENRON |
Search for More Clues:
Search By Answer:
