To be honest: I'm just happy I get to experience another Enron, but this time I can watch it in real time on Twitter!
The citizens of California would highly disagree with that. In those cases, all they had to do was put plants into "maintenance" mode. Literally, do nothing, and profit.
This doesn't even begin to cover how they encouraged their employees to put their retirement into the business.
Enron wasn't one fraud.. it was several.
I understand the words in this sentence individually, but not the sentence in its entirety. Can anyone translate?
presented prices for worthless securities
> to bag holders
to now-defrauded clients of the FTX website
> fancy darkmode graphic design
a slick, sort of professional looking website
> and a screwball haircut
and a screwball haircut
Although he did famously yell at (wall street) analysts on a quarterly earnings call right before he broke down.