The Latest Breaking News from Enron

Nvidia has refuted claims from Michael Burry, saying it is not Enron in an internal memo. However, the company is not out of the woods yet if the AI rally turns out to be a bubble.

“Big Short” investor Michael Burry has found an ally in Peter Andersen, CIO of Andersen Capital Management. The expert investor revealed on the Schwab Network that he completely exited his stake in Nvidia Corp. (NASDAQ:NVDA) last summer—months before the current wave of bearish scrutiny—precisely because he foresaw the “accounting questions”…

“My antenna goes up when things like that happen,” Jamie Dimon said of First Brands. “When you see one cockroach, there are probably more.”

From fake identities to romance scams, these 25 cases reveal the most brazen scams ever pulled off, and how they finally came crashing down.

Jim Chanos, one of Wall Street’s most prominent short sellers and the investor known for exposing energy trader Enron’s fraud, has said that the bankruptcy of U.S.-based First Brands Group could trigger a wave of corporate collapses.

Steve from Greensboro, North Carolina, called into “The Ramsey Show” with an impressive financial profile: no debt, retired at 78, and sitting on a $5.4 million net worth. But personal finance personality Dave Ramsey wasn't impressed by everything he heard.

“When it comes to financial fraud specifically, there’s no question we’re seeing more of it—especially riding the wave of the current AI-driven market boom,” short-seller Jim Chanos said.

These Reddit money horror stories -- from $10k in takeout to a $25k ring in the trash -- will shock, amuse and teach unforgettable financial lessons.

In the high-stakes world of finance, reputation is everything. Just one scandal—whether involving fraud, money laundering, or mismanagement—can collapse decades of trust in a brand name. While some companies attempt damage control with apologies or leadership shake-ups, others take the more drastic step of changing their name entirely.