Hacker News new | ask | show | jobs
by miohtama 456 days ago
Enron was the result accounting fraud, not energy market regulation or lack of it.
2 comments

Enron had multiple scandals. A big one was all about deregulation and manipulation of the California electricity market.

https://en.m.wikipedia.org/wiki/Enron

https://en.m.wikipedia.org/wiki/2000%E2%80%932001_California...

Lol their bankruptcy was. Read up on it or watch the documentary.