S5E3 - Enron: The Smartest Guys in the Room Were Lying - Part 3: The Machinery of Concealment

Once Wall Street believed the story, Enron had to keep it alive every day. That is the overlooked burden of a large fraud. It is not an event. It is maintenance.The company needed constant repairs to the illusion, and those repairs ran through accounting memos, board approvals, audit meetings, bank documents, and structures that had to be refreshed and defended again and again.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.

<...