Energy

Twenty years after epic bankruptcy, Enron leaves a complex legacy

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A logo glows in front of the new corporate headquarters of the Houston-based energy trading firm Enron November 29, 2001 in Houston, Texas.

James Nielsen | Getty Images

The bankruptcy of Enron on Dec. 2, 2001, spawned an epic scandal, nearly two dozen criminal convictions and sweeping government reforms. Enron became an enduring symbol of corporate fraud.

But 20 years later, multiple experts, former company insiders and others say the legacy of Enron deserves another look. They say the company that was repeatedly hailed as America’s “most innovative” truly was a pioneer in businesses we take for granted today, from energy trading to streaming video.

Among those defending Enron’s legacy are…



Source cnbc.com

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