In the 3rd episode of Quick Projects, we unravel the outrageous tale of the Enron Scandal, a corporate disaster that shook Wall Street and left millions of Americans jobless.

One of the world’s biggest financial or accounting scandal to have happened in America in 2001.

Discover how this “innovative” energy giant manipulated numbers, hid billions in debt and became a textbook corporate corruption case. Learn about Enron Scandal:

00:00 Quick Projects Intro

00:05⁠ ⁠Enron Scandal Intro

00:10⁠ ⁠Enron’s rise from a humble energy company to a Wall Street juggernaut

00:30 ⁠The shady “mark-to-market accounting” trick that fooled everyone

01:00 ⁠The web of shell companies created by CFO Andrew Fastow to bury losses

01:30 ⁠How the scandal led to the collapse of Arthur Andersen and the birth of the Sarbanes-Oxley Act

02:30 Quick Projects Outro

Was Enron’s fall a one-off disaster or a symptom of widespread corporate greed? Share your thoughts in the comments!

Don’t miss the visuals explaining key concepts like accounting tricks, stock market crashes, etc.

If you enjoyed this breakdown, hit like, share with friends, and subscribe for more jaw-dropping stories. Next week, we dive into another mind-blowing corporate saga!

Host & Script- Manpreet Kour
Video- Loud Beats Inc.
Project- SOOFI (Manmeet Pal Singh)

Watch full video on Youtube: