In 2001, the massive Enron company goes bankrupt leading to a criminal scandal. Kenneth Lay founded the company in 1985 amidst Texas deregulation implemented by the Bushes. There are questionable schemes. There are massive gambling that led to hidden losses. Jeffrey Skilling uses murky accounting practices to pump up the numbers. Executive Lou Pai uses company money for his stripper habit and leaves with $250 million. They game California's deregulated electricity market with some disgusting comments. CFO Andrew Fastow deliberately hides the increasing debt with shell companies. It all collapses in a massive loss. This is in-depth and shows the ugliness of greed. I wouldn't even call it corruption since that seems to be what they intend to do. It is almost inevitable. It is in reality a criminal organization. Whatever small amount of high-minded capitalist ideals of deregulation is quickly lost with the need and greed for money.
