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Two decades after Enron's bankruptcy, the company is back as a crypto firm?
- deleted 2y ago[deleted]
- aurareturn 2y agoFitting. Enron and crypto go together.
- tartoran 2y agoThen we'll have more of Enron and Trump in the next 4 years, the writing is on the wall. I wouldn't touch any of that crypto with a 10 foot pole.
- threeseed 2y agoDon't worry more than enough grandmothers, young boys etc will be buying crypto as the market heats up and people like Marc Andreessen, Jake Paul etc look to offload their holdings.
- notahacker 2y agoIf Enron had issued their original shares on a blockchain, there would be people queuing up to insist that minor details like all their execs going to jail for lying to pump the price were irrelevant because their fixed supply made them an excellent store of value....
- rfarley04 2y agoIt worked so well for RadioShack! https://www.theverge.com/2021/12/22/22849943/radioshack-defi-cryptocurrency-radio-token-launch https://www.theverge.com/2021/12/22/22849943/radioshack-defi...
- thechao 2y agoOh man. I knew guys working at Enron (I lived in Houston at the time) when it all unwound. Here's three things: 1. One of the IT guys – in his early 20s — showed up in a brand new 350Z (stickers on). This was his "severance" pay. I'm pretty sure one of the upper-mgmt had bought it for themselves, but it was "about the right amount". 2. Another friend was in the accounting group — he had been out of school for just a month-or-so — and had been a tag-along to AA. He came to work one day and his boss looks at him and says "you, me, and X are moving to Switzerland. Today." I didn't see him for years. He had no idea what was going on. 3. I got a lot of swag. The last Enron BBQ had custom t-shirts made. On the front is the Enron logo. On the back are all their mottos? Things like "trust", "honesty", etc. It's one of my most treasured t-shirts of the dot-com era.
- lm28469 2y agohypothetical future value accounting ™
- mindracer 2y agoThis is a parody apparently https://bsky.app/profile/molly.wiki/post/3lcdqpash6q2a https://bsky.app/profile/molly.wiki/post/3lcdqpash6q2a
- ipython 2y agoIn that case, they should post a searchable archive of the Enron email data set (https://www.cs.cmu.edu/~enron/ https://www.cs.cmu.edu/~enron/) as a "webmail" interface.
- wkat4242 2y agoYeah exactly. That would be funny. And a real parody.
- deleted 2y ago[deleted]
- wkat4242 2y agoHow is this parody? There is no 'funny' in it. Funny would be if it would be clearly tongue-in-cheek. But yeah good find about that clause.
- axus 2y agoFools parting from their money never gets old.
- mrguyorama 2y agoIt's a "parody" in the same way that youtube pranks are "just a prank bro" The kind of idiots who do this stuff think it's a get out of jail free card for bad behavior. DOGE was also a "joke"
- superfrank 2y ago> apparently someone thinks it's a good and funny idea to make a big joke out of a company that ruined people, and this is about as much oxygen as i'm inclined to give it As if Enron hasn't been the butt of about a million jokes for the last 25 years.
- selectnull 2y agoCoffeezilla made a 7min video on the subject: https://www.youtube.com/watch?v=qRklIlxciaM https://www.youtube.com/watch?v=qRklIlxciaM
- bananapub 2y agoit's a joke, by the person who did Birds Aren't Real: https://nymag.com/intelligencer/article/who-is-behind-enron-reboot-its-the-birds-arent-real-guys.html https://nymag.com/intelligencer/article/who-is-behind-enron-...
- wglass 2y agoLooks like the main point of the site is to sell Enron branded merch.
- Nefarius 2y agoFor those too young for Enron, watch the documentary "The smartest guys in the room" :)
- belfalas 2y agoThat Jeff Skilling was a bad boy!
- mdavid626 2y agoSeems legit. Wink wink
- wkat4242 2y agoEvil Corp!
- WalterBright 2y agoMaybe my Enron stock will rise above $0.00?
- impish9208 2y agoI will pay top (possibly imaginary) dollar for original swag from the following companies: - Enron - Lehman Brothers - Bear Sterns - Madoff Securities - FTX
- edm0nd 2y agoeBay has what you seek
- _boffin_ 2y agoNo LTCM?
- Oanid 2y agoI'm also really into collecting swag from defunct companies—Enron, Lehman Brothers, and Nortel are my favorites. Lately, though, it feels like it's getting harder and harder to find anything from these companies on eBay or Etsy.
- giraffe_lady 2y agoThings from non-defunct companies of that time are hard to find too. That late 90s to 2000s aesthetic is the current throwback style. Y2K drip.
- ReptileMan 2y agoOnce a con, always a con.
- ufmace 2y agoThis article is a much better analysis than anything I'd seen before about the rise and fall of Enron. An attempt to really dig into how and why it appeared to be and felt like an unstoppable rocketship of brilliance at the time that damn near everyone bought into, not just a hurr durr it's a bunch of fraud take. https://mattlakeman.org/2020/04/27/explaining-blaming-and-being-very-slightly-sympathetic-toward-enron/ https://mattlakeman.org/2020/04/27/explaining-blaming-and-be...
- donaldihunter 2y agoOh man, that reminds me of the rolling blackouts in California. https://en.wikipedia.org/wiki/2000–2001_California_electricity_crisis https://en.wikipedia.org/wiki/2000–2001_California_electrici...
- arp242 2y agoThis has got to be some kind of performance art? What's next? Madoff investments? Epstein airlines? Jimmy Saville daycare centre? R. Kelly women's shelter? But really, that website just reads like a parody. Then again, with these delusional crypto people one can never be sure...
- readyplayernull 2y agoIs Mr. Robot's E-Corp, or Evil Corp as Elliot thinks of it, a parody of Enron?
- ajbt200128 2y agoWill probably be one of the more ethical players in the crypto space. I'm excited for my electricity prices to go back down, currently paying ~$85 to PGE for a "delivery fee" which is absolutely criminal