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In the long history of financial frauds, Enron ranks near the top of the list, with the once high-flying energy trading company suddenly unraveling in a web of lies and accounting sleight-of-hand ...
An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.
Enron employees leave the headquarters building in 2002 in downtown Houston, Texas. The company appears to have been relaunched as of Dec. 2, 2024 as an elaborate joke more than 20 years after it ...
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger.
In 1982, Larry Lunn, John Clark and Gerry Connor founded Connor, Clark & Lunn in Vancouver.At the time there was a perception that most money management wisdom was based in Toronto so Connor, Clark & Lunn made a pitch to pension funds that it would be an alternative choice from the Toronto groupthink.
Groupthink is sometimes stated to occur (more broadly) within natural groups within the community, for example to explain the lifelong different mindsets of those with differing political views (such as "conservatism" and "liberalism" in the U.S. political context [7] or the purported benefits of team work vs. work conducted in solitude). [8]
An Enron-branded X account posted and later deleted a message teasing at a crypto offering, saying “we do not have any token or coin (yet). Stay tuned, we are excited to show you more soon.”
The social identity approach suggests a more general approach to group decision-making than the popular groupthink model, which is a narrow look at situations where group and other decision-making is flawed. Social identity analysis suggests that the changes which occur during collective decision-making are part of rational psychological ...