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The 75 Fake Traders Who Fooled Wall Street for Enron

Fallen Giants

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The 75 Fake Traders Who Fooled Wall Street for Enron

146 просмотров · 2 недели назад
Fallen Giants
5 подписчиков
146 просмотров · 2 недели назад
The Enron scandal's most absurd lie was a fake trading floor at 1400 Smith Street. In January 1998 Enron filled its empty sixth floor with 75 employees pretending to trade for 10 minutes to impress Wall Street analysts. This documentary reveals how the staged war room masked Enron Energy Services losses, mark-to-market accounting approved in 1992, and a $70 billion market value that fell from $90.75 to $0.61 before the $63.4 billion bankruptcy on December 2, 2001.