Core Complex
Jul/080
Core Complex
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summary help can someone help me summarize this paragraph to the Pointt ?
Once the seventh largest company in America, Enron was formed in 1985 when InterNorth acquired Houston Natural Gas. The company branched into many non-energy-related fields over the next several years, including such areas as Internet bandwidth, risk management, and weather derivatives (a type of weather insurance for seasonal businesses). Although their core business remained in the transmission and distribution of power, their phenomenal growth was occurring through their other interests. Fortune Magazine selected Enron as "America's most innovative company" for six straight years from 1996 to 2001. Then came the investigations into their complex network of off-shore partnerships and accounting practices.
The key to summarizing is finding the facts then collecting them. Let's start by breaking this down:
"Once the seventh largest company in America, Enron was formed in 1985 when InterNorth acquired Houston Natural Gas. The company branched into many non-energy-related fields over the next several years, including such areas as Internet bandwidth, risk management, and weather derivatives (a type of weather insurance for seasonal businesses). Although their core business remained in the transmission and distribution of power, their phenomenal growth was occurring through their other interests. Fortune Magazine selected Enron as "America's most innovative company" for six straight years from 1996 to 2001. Then came the investigations into their complex network of off-shore partnerships and accounting practices."
Facts from paragraph -
1. "Enron was formed in 1985" & "Once the seventh largest company in America"
2. "The company branched into many non-energy-related fields"
3. "their phenomenal growth was occurring through their other interests" "Fortune Magazine selected Enron as "America's most innovative company" for six straight years"
4. "Then came the investigations into their complex network of off-shore partnerships and accounting practices."
So a summary could read:
Enron was formed in 1985 and became the seventh largest company in America. With capital from its energy business, Enron branched into many non-energy-related fields, including weather insurance called derivatives. Their phenomenal growth came primarily from these endeavors; Fortune magazine selected them as "Most Innovative" six times. Enron failed when investigations into their complex network revealed illegal off-shore partnerships and fraudulent accounting practices."
...or even shorter:
"Enron, formed in 1985, once ranked seventh amongst largest US corporations. Begun as an energy company, Enron expanded quickly outside of the energy market. Although considered a business innovator, the company crumbled when questionable off-shore partnerships and fraudulent accounting were discovered."
By using just the facts and placing more sentences in active voice (rather than using "is", "was", etc.) more information can be packed into tighter sentences.
Hope this helps!
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