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Enron Joked As Grandmas Died In Blackouts #Shorts

Enron Joked As Grandmas Died In Blackouts.

In 2001, Enron was the seventh-largest corporation in America, valued at
sixty-three billion dollars. Fortune magazine named it America's most
innovative company six years in a row. Twenty thousand employees worked
in Houston headquarters worth half a billion dollars. CEO Jeff Skilling's
net worth was over two hundred million. Then in ninety days Enron filed
the largest bankruptcy in U.S. history at the time. The stock went from
ninety dollars to twenty-six cents. Twenty thousand employees lost their
jobs and most of their retirement savings. Jeff Skilling and Ken Lay
were not indicted for criminal fraud until two thousand and four. They
were not convicted until twenty oh six. This is how an Enron mailroom
clerk and a Harvard Business School consultant built America's most
valuable energy

📺 Watch the full Bankrupt Giants documentary on this story:
👉 https://youtu.be/fMqA6iQ6gXA

⏱ Chapters (in the full doc):
00:00 Intro
00:30 Act 1
03:00 Act 2
06:00 Act 3
09:00 Act 4
12:00 Act 5

🎬 Bankrupt Giants — documentaries on the empires Wall Street, Walmart, and bad decisions destroyed.
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#enron #Bankruptcy #BusinessDocumentary #Shorts

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