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Bad Bets

The Wall Street Journal

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Enron, Ep 8: Vigilance and Skepticism

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? Learn more about your ad choices. Visit megaphone.fm/adchoices

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