Enron

The FTX fraud has dominated headlines now for weeks, during which
we’ve debated if and how Acquired could uniquely add to the
conversation. Then we realized there was an angle so perfect that
we had to drop everything and enter Acquired research overdrive:
Enron. Travel back with us to the granddaddy fraud of them all,
2001’s then-largest bankruptcy in US history and the impetus for
the famous Sarbanes-Oxley Act. So much of Enron’s history
parallels FTX that the uncanniness is almost unbelievable — right
down to the same CEO running the two bankruptcies. Sit back and
enjoy this crazy tale of villainy, greed, and the nature of
humans and money. Maybe just don’t take notes on this one… 


Sponsors:


WorkOS: https://bit.ly/workos25

Sierra: https://bit.ly/acquiredsierra

Sentry: https://bit.ly/acquiredsentry

Anthropic: https://bit.ly/acquiredclaude25






More Acquired!


Get email updates with hints on next episode and follow-ups
from recent episodes

Join the Slack

Subscribe to ACQ2

Merch Store!



Copyright 2015-2025 ACQ, LLC


Links:


Book Andy Fastow as a speaker for your next corporate event!

Episode sources



Carve outs!:


Enron: The Musical

Andor

Brooks Addiction Walkers

Hoka Slides

JCal on the Tim Ferriss Show



‍Note: Acquired hosts and guests may hold assets discussed in
this episode. This podcast is not investment advice, and is
intended for informational and entertainment purposes only. You
should do your own research and make your own independent
decisions when considering any financial transactions.