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With its roots in the utility business, the company enjoyed a solid reputation for old-economy stability. But unlike other energy companies that didn't get it, Enron thrust itself headlong onto the Internet. The business press ate it up; so did Wall Street, sending the stock into the stratosphere. At its peak, Enron was worth about $70 billion, its shares trading for about $90 each. All that came crashing down starting last October, when the company admitted that it had misstated its income and that its equity value was a couple of billion dollars less than its balance sheet said.
Key Facts. 1  The 1986 accident at the Chernobyl nuclear power plant in Ukraine, then part of the former Soviet Union, is the only accident in the history of commercial nuclear power to cause fatalities from radiation. 2  It was the product of a severely flawed Soviet-era reactor design combined with human error.