Enron: The Smartest Guys in the Room Were Lying - Part 4: The House Starts to Burn — The Fraud Archive – Iconic Cons, Scams and Financial Crimes explained in minutes

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The unraveling did not begin with a confession. It began with pressure. And when Enron finally admitted a huge loss, the market realized the story itself may have been hiding the truth.By October two thousand one, Enron disclosed a large third-quarter loss and a reduction in shareholder equity tied to related-party transactions. That announcement hit the market like a warning siren.Learn more at: https://thefraudarchive.com/fraud/enron

The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.

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