Enron was a giant, and its collapse was historic. The company’s downfall disrupted energy markets, pushing other power companies into bankruptcy. It prompted hearings by nearly a dozen congressional committees, and it inspired major legislation—the Sarbanes-Oxley Act—to improve the conduct of corporations and their watchdogs. But were the changes enough to prevent a similar scandal? Could there be another Enron debacle looming?
Listen to the finale of this season of Bad Bets now.
...Enron was a giant, and its collapse was historic. The company’s downfall disrupted energy markets, pushing other power companies into bankruptcy. It prompted hearings by nearly a dozen congressional committees, and it inspired major legislation—the Sarbanes-Oxley Act—to improve the conduct of corporations and their watchdogs. But were the changes enough to prevent a similar scandal? Could there be another Enron debacle looming?
Listen to the finale of this season of Bad Bets now.
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November 30, 2021 at 06:01PM
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‘Bad Bets’, Episode 8 - The Wall Street Journal
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