Business

‘Bad Bets,’ Episode 3 – WSJ

Enron’s stock value rose astronomically throughout the late ’90s, buoyed by investor confidence in former Chief Govt

Jeffrey Skilling

—and by earnings experiences that appeared to point Enron’s revenue rising by leaps and bounds. Nevertheless as we now know, these numbers had been engineered by an individual named

Andy Fastow,

Enron’s chief financial officer on the time.

Throughout the third episode of our Unhealthy Bets podcast, WSJ journalists John Emshwiller and Rebecca Smith try Mr. Fastow and take heed to from the whistleblowers who uncovered him and Enron’s financial engineering. Hear now.

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