The Enron Scandal Explained in One Minute: Corporate Recklessness, Lies and Bankruptcy
Enron represents perhaps the most popular example of how a corporation can go from hero to zero or in their case, from a stock price of $90.75 and a market capitalization which made it the 7th largest US corporation to bankruptcy. Enron's bankruptcy made it clear just how far corporate recklessness can go and represented a warning signal that should have been taken a lot more seriously, as the Great Recession has proven.