The Enron Scandal Pt. 1

Beginning in 1632, a convent of young Ursuline nuns made startling claims – from seeing dead priests, to being possessed by a horde of Satan’s demons. A team of priests presided over daily exorcisms – some of them public – for months…until the blame was directed toward one man: F ...  Show more

On Halloween Eve, 1938 Orson Welles' The War of the Worlds aired on CBS radio. It detailed an alien invasion so realistic that, according to legend, it caused widespread panic among listeners. People really believed aliens were invading Earth. The mass hysteria is an important pa ...  Show more

Until 2007, the largest single corporate bankruptcy was Enron, a $67 billion energy trading company. Its decline was breathtaking, and while it’s a fascinating story of corporate malfeasance and greed, it’s also about the lives of ruined workers.See omnystudio.com/listener for pr ...  Show more

Enron—the seventh-largest company in the U.S.—filed for Chapter 11 bankruptcy on 2nd December, 2001, marking the dramatic end of a business empire once hailed as unstoppable.  What once looked like a financial juggernaut turned out to be a house of cards built on illusory profit ...  Show more

The FTX fraud has dominated headlines now for weeks, during which we’ve debated if and how Acquired could uniquely add to the conversation. Then we realized there was an angle so perfect that we had to drop everything and enter Acquired research overdrive: Enron. Travel back with ...  Show more

20 years ago one of the largest corporations in the U.S - an energy trading corp. that boasted 750% annual growth – went down in flames. In 24 days it went from the pride of Houston to a stain on the country - pulling millions out of the economy, devastating its employees, and la ...  Show more