Enron

Published: Nov. 29, 2022, 4:32 a.m.

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The FTX fraud has dominated headlines now for weeks, during which we\\u2019ve 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 us to the granddaddy fraud of them all, 2001\\u2019s then-largest bankruptcy in US history and the impetus for the famous Sarbanes-Oxley Act. So much of Enron\\u2019s history parallels FTX that the uncanniness is almost unbelievable \\u2014 right down to the same CEO running the two bankruptcies. Sit back and enjoy this crazy tale of villainy, greed, and the nature of humans and money. Maybe just don\\u2019t take notes on this one\\u2026\\xa0

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\\u200dNote: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

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