How Enron Faked Being America's Most Admired Company

Chapters

About this video

Discover how Enron faked being America's most admired company through accounting fraud and a web of special purpose entities. This documentary explains the Enron scandal, from the SPEs to the whistleblower, and the lessons that remain unlearned. Chapters: 00:00 The Illusion of Success 00:18 Explosive Growth of SPEs 00:37 The Culture of Greed 01:02 The Enron Trading Floor 01:27 Whistleblower Sherron Watkins 01:52 The Board's Failure 02:17 The Role of Wall Street 02:42 The Media's Complicity 03:07 The Human Cost 03:32 The Legacy of Enron 03:57 The SPE Web 04:21 The Ripple Effect 04:47 Lessons Unlearned Sources & further reading: • The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron — Book by Bethany McLean and Peter Elkind, 2003 • Enron: The Rise and Fall — Documentary by Alex Gibney, 2005 • SEC Complaint against Enron Corp. — https://www.sec.gov/litigation/complaints/comp17799.htm • Report of the Special Investigative Committee of the Board of Directors of Enron Corp. — Powers Report, February 2002 • Arthur Andersen LLP v. United States — Supreme Court case overturning conviction, 2005 • Sarbanes-Oxley Act of 2002 — Public Law 107-204

More from [ARCHIVED] How It Collapsed

How Enron Faked Being America's Most Admired Company