The ENRON Scandal

Founded in the early 1980's when Houston Natural Gas merged with Omaha, Enron rapidly became one of the biggest energy company in the United-States. By 2001, the energy giant was number 7 in the Fortune 500. In less than 15 years, it became a multi-billion dollar corporation and expanded internationally. And was starting to have big influences on the population and the world. While everybody was investing and buying stocks from the company, thinking it was a very good …

…skeleton operation. The biggest bankruptcy in the history of the United-States, it shook the entire American population. People are now afraid and don't know who to trust anymore. Should they not trust anyone? Banks were betrayed, should they check all their loans and make sure it's not the same situation? This bankruptcy certainly created a feeling of fear among the Americans, a fear that was constantly present but hidden till the day the scandal came.