Enron is an energy company that decided it wanted to be a Wall Street firm-- a trader rather than a maker. The problem is that it didn't have the cultural "memo

Enron is an energy company that decided it wanted to be a Wall Street firm-- a trader rather than a maker. The problem is that it didn't have the cultural "memory" that most banks have-- that prevents them from doing outrageously stupid and illegal things (that people in the banks would also love to do if they were profitable, but history has shown to be bad ideas). So Enron became an outlandish caricature of Wall Street.