The Latest Breaking News from Enron

From fake identities to romance scams, these 25 cases reveal the most brazen scams ever pulled off, and how they finally came crashing down.

Jim Chanos, one of Wall Street’s most prominent short sellers and the investor known for exposing energy trader Enron’s fraud, has said that the bankruptcy of U.S.-based First Brands Group could trigger a wave of corporate collapses.

The financial world is full of bombshell bankruptcies and spectacular crashes that grab front-page headlines. Yet, for every Enron or FTX, there are a dozen ventures that simply faded into the shadows, slipping away with little more than a footnote. Investors often remember the big scandals, but some losses happen…

There’s something uniquely unsettling about discovering the game was fixed long after the final whistle. Whether it’s politics, sports, finance, or education, the sting of realizing a system was stacked from the start never fades easily. Most people operate under the belief that fairness, however imperfect, is at least the…

In politics, trust is currency—and once it’s gone, it’s nearly impossible to get back. Across the globe and over decades, explosive scandals have shattered the fragile bond between governments and the people they serve. These weren’t minor missteps or moments of poor judgment; they were headline-dominating fiascos that redefined careers,…

Abel is an accounting whiz who shares a lot of similarities with his mentor—and a few key differences.

John Arnold argues that private markets solve problems better than government or philanthropy, and that real reform comes from decentralization, incentives, and evidence—not top-down control.

From Silicon Valley to Wall Street, CEOs are ditching corporate formalities and using unfiltered language.

Enron executives were found to have generated false profits to hide the company's true debt