Enron scandal

Reference back to 2011, this pin shows what happened to the major players in the Enron scandal. Quite interesting to note that the whistle blower is now a public speaker for ethics.

Zero interest rates, passive indexing, the rise of machine learning and no accounting accident since Enron are the key reasons for declining investor interest in financial reporting. The way forward might be to make quant models more intelligent using micro knowledge of financial statements.

Enron hid substantial financial losses, leading to the collapse of one of America’s largest corporations.

The charter-school industry is rife with the same types of fraud and mismanagement that led to the Enron collapse, according to a new study.

At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systemic and creatively planned accounting fraud, known since as the Enron scandal. Enron has since become a well-known example of willful corporate fraud and corruption. The scandal also brought into question the accounting practices and activities of many corporations in the United States and was a factor in the enactment of the Sarbanes–Oxley Act of 2002. The scandal also…

Famous Fraud

How Enron fell apart.. Coolest/scariest money scandal! I recommend the documentary, "Enron: the Smartest Guys in the Room"

Kenneth Lay. Enron business executive convicted of of conspiracy and fraud. 20,000 employees lost their jobs and life savings. Lay died of a heart attack on 7/5/06 before sentencing took place.