DiscoverBad Bets
Bad Bets
Claim Ownership

Bad Bets

Author: The Wall Street Journal

Subscribed: 1,135Played: 2,430
Share

Description

Bad Bets is a new podcast series from The Wall Street Journal that unravels big-business dramas that have had a big impact on our world. This season, we’re delving into Enron, the ‘90s energy giant that later became synonymous with epic corporate fraud. Wall Street Journal reporters John Emshwiller and Rebecca Smith talk to key players who had a front row seat to the big egos and unchecked power within Enron, including a whistleblower who speaks on the record for the first time. Now, on the 20th anniversary of Enron’s collapse, this story is as relevant as ever.

4 Episodes
Reverse
Enron's stock price rose astronomically in the late '90s, buoyed by investor confidence in former CEO Jeffrey Skilling-and by earnings reports that seemed to show Enron's profits growing by leaps and bounds. But as we now know, those numbers were engineered by a man named Andy Fastow, Enron's chief financial officer at the time. In this episode, we take a look at Mr. Fastow and hear from the whistleblowers who exposed him and Enron's financial engineering. John Emshwiller is the host of this season of Bad Bets. The original reporting on which this season is based was done by him and Rebecca Smith. Bad Bets is a production of The Wall Street Journal. This season was produced in collaboration with Neon Hum Media. Learn more about your ad choices. Visit megaphone.fm/adchoices
Former Enron CEO Jeffrey Skilling was arguably the face of Enron's meteoric rise in the 1990s. He took a sleepy energy company and turned it into one of the most innovative corporations in the world. By the end, Enron had its fingers in all kinds of projects - including America's nascent broadband networks. In this episode, how Skilling's rise set the stage for Enron's fall. John Emshwiller is the host of this season of Bad Bets. He and Rebecca Smith did the original reporting on which this season is based. Bad Bets is a production of The Wall Street Journal. This season was produced in collaboration with Neon Hum Media. Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2001, energy company Enron was at the height of its power. Then, out of the blue, CEO Jeffrey Skilling resigned-just six months after he took the reins of a company he had helped turn into an innovation machine. Why? In this episode, we dive into the first cracks in the Enron facade. John Emshwiller is the host of this season of Bad Bets. The original reporting on which this season is based was done by him and Rebecca Smith. Bad Bets is a production of The Wall Street Journal. This season was produced in collaboration with Neon Hum Media. Learn more about your ad choices. Visit megaphone.fm/adchoices
Introducing: Bad Bets

Introducing: Bad Bets

2021-10-0103:271

Introducing Bad Bets, a new podcast series from The Wall Street Journal that unravels big-business dramas that have had a big impact on our world. We begin with the Enron saga. In the 1990s, the U.S. energy company was a darling of Wall Street. But after the Journal uncovered monumental corporate fraud at Enron, the company quickly descended into bankruptcy, compromising tens of billions of dollars and thousands of jobs. Now, on the 20th anniversary of Enron's collapse, this story is as relevant as ever. This season on 'Bad Bets', Journal reporters John Emshwiller and Rebecca Smith talk to key players who witnessed Enron's downfall from the inside, including a whistleblower who speaks on the record for the first time. Learn more about your ad choices. Visit megaphone.fm/adchoices
Comments 
Download from Google Play
Download from App Store