Did Enrons directors understand how profits were being made in this segment?

Enron's directors were largely unaware of the complex and deceptive accounting practices employed by the company, particularly in its energy trading segment. Many board members lacked the financial expertise to fully grasp the intricacies of Enron's operations, and the company's culture encouraged a focus on aggressive growth and profit maximization rather than transparency. This ignorance, combined with a lack of effective oversight, enabled the manipulation of financial statements that ultimately led to Enron's collapse.