Enron was the Elf Aquitaine [1] compounding moment of the energy industry. It's not comparison, it's a chain reaction, fraud begets fraud. [1] Happened in 1994

Enron was the Elf Aquitaine [1] compounding moment of the energy industry. It's not comparison, it's a chain reaction, fraud begets fraud. [1] Happened in 1994: 'the biggest fraud inquiry in Europe since the Second World War... Elf became a private bank for executives who spent £200 million on political favours, mistresses, jewellery, fine art, villas and apartments', £200 million, how quaint https://en.wikipedia.org/wiki/Elf_Aquitaine#Fraud_scandal_(1994) https://en.wikipedia.org/wiki/Elf_Aquitaine#Fraud_scandal_(1...