Financial experts have said it is hard to believe that one person could have hidden huge losses over a decade.

Enron may have used the partnerships not just to finance money-losing investments but to hide losses in its core trading business, they say.

He said he had hidden losses since 1992.

Some have admitted to helping artificially increase profits and hide losses and debts.

Those tasks are typically performed by different people to prevent traders from hiding losses or cheating.

He also said he was never told that the reason for the shift was to hide losses.

The attempt to hide huge losses from one failing division by folding it into the highly profitable trading business?

The sale has been described as creating a phantom profit to hide large losses.

Transactions with related insurance companies served to hide unwanted losses.

This provided ownership and management with full freedom of currency transfer and the anonymity that allowed the company to hide losses.