Tag: collapse

Posted on December 1, 2011 · Enron achieved a final triumph in April 2002, climbing two notches to fifth place on the Fortune 500 list. By then, the company had been bankrupt for months. In the conclusion of our four part series, KUHF business reporter Andrew Schneider looks at life after Enron.

Posted on November 30, 2011 · Few could have imagined in December 2000 that Enron had barely twelve months left to live. In the third of our four part series, KUHF business reporter Andrew Schneider examines the company's fiery demise.

Posted on November 30, 2011 · Dec. 2 marks the 10-year anniversary of when energy giant Enron filed for bankruptcy. The next day, thousands of workers in the company's Houston headquarters lost their jobs. How has the city coped with company's demise? > for more

Posted on November 29, 2011 · Andrew Fastow is often portrayed as one of the leading villains of the Enron saga. The chief financial officer created an array of off-books entities that hid massive losses and enriched him and his allies within the company. But Fastow's crimes were only possible because of changes set in motion well before he joined the company, as Andrew Schneider reports in the second of our four part series.

Posted on November 28, 2011 · Ten years ago this week, energy trading giant Enron collapsed in one of the largest bankruptcies in history. Thousands were thrown out of work. Enron itself became a byword for massive corporate fraud. The scandal gave Houston a black eye that took years to fade. In the first of our four part series, KUHF Business reporter Andrew Schneider looks back at the heyday of Enron.