Episodes

Have We Learned Our Lesson From Enron?

Episode #148 | April 2, 2020

In This Episode

On this week’s episode, Dan speaks with Bethany McLean, author of the “The Smartest Guys in the Room” the story of the scandalous and unexpected fall of Enron.

Before their epic collapse, Bethany was one of the first in the financial media investigating the red flags around the company. In early 2001, she wrote an article in Fortune Magazine, titled “Is Enron Overpriced?”

Bethany takes Dan back to 2001 and gives him some incredible in-depth details at the scandal. They also discuss what implications it had on the financial world, and the perplexing fact that collectively, we haven’t seemed to fully learn our lesson from Enron.

Bethany even lets Dan in on an industry that could be seeing bankruptcies in the coming years.

The two also touch on the Coronavirus, and the reason there’s so much uncertainty. Bethany admits “there’s a lot that we just don’t know” but ends the episode on a very positive tone. Enjoy.