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The Latest Breaking News from Enron

Notable Twitter accounts that say they won’t pay for verification

From April 1, Twitter users will have to pay for a blue check mark

Evening Standard

WeWork mugs for $500: 10 of the strangest merch items from companies that crashed

FTX fortune cookies and Theranos gift cards offer souvenirs from recent business disasters

The Guardian - US

Is Blockbuster video about to make a comeback?

The mysterious reactivation of the long-moribund brand’s site, accompanied by a cryptic message, has fans asking if a mighty return is on the cards

The Guardian - US

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SVB Collapse: 'Big Short' Michael Burry Changes His Mind

The legendary investor and hedge fund manager believes the current crisis of confidence around banks is not a "true danger."

The Street

SVB: Financier Bill Ackman Expects Other Banks to Collapse

Hedge fund manager says regulators' emergency plan won't be enough to avert further failures after Silicon Valley Bank shutdown.

The Street

SVB Collapse: 'Big Short' Burry Accuses Regulators of Rewarding 'Greed'

U.S. regulators unveiled an emergency plan on Sunday, to avoid contagion from the collapse of Silicon Valley Bank.

The Street

'Big Short' Michael Burry Warns of Another Major Bank Collapse

The legendary investor says Silicon Valley Bank is Enron, and Worldcom should follow. Enron and Worldcom collapsed within months of each other in 2001 and 2022, rocking global markets.

The Street

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The 10 most baffling Oscar victories

Helen O’Hara unveils some of the greatest injustices at the Academy Awards

The Independent UK

Trump’s attorney hires his own attorney in classified documents probe

Michael Levy previously represented Enron executives.

The Independent UK

Short seller Jim Chanos warns Tesla bulls the good times are over—permanently

The investor that made a name on Wall Street shorting Enron believes Tesla could see its earnings per share this year nearly cut in half.

Fortune

The 10 most baffling Oscar wins

Helen O’Hara unveils some of the greatest injustices at the Academy Awards

The Independent UK

'Big Short' Michael Burry Sends an Alarming Warning to Investors

The legendary investor has just posted a message that might discourage investors from buying stocks.

The Street

Seth Meyers on Sam Bankman-Fried: ‘A guy who looks the way Cheeto dust smells’

Late-night hosts discuss Sam Bankman-Fried’s arrest for alleged FTX fraud, Ron DeSantis’s vaccine conspiracies and Elon Musk’s Twitter not paying rent

The Guardian - US

Sam Bankman-Fried Arrest: Binance Boss May Dismiss 'FUD', But Should Focus On Feds

Crypto bosses have long dismissed negative news as 'FUD'. They need to start fearing the Feds.

The Street

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The Independent UK

New FTX CEO says lax oversight, bad decisions caused failure

The new CEO of the cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago

The Independent UK

Who Sam Bankman-Fried was going to blame for FTX’s collapse – until his arrest

Founder and CEO of cryptocurrency exchange could not appear before Congress

The Independent UK

Bankman-Fried to face off with lawmakers over FTX collapse

The former CEO of the failed cryptocurrency firm FTX will testify before a Congressional committee Tuesday, his first appearance under oath since FTX filed for bankruptcy roughly a month ago

St. Louis Post-Dispatch

Editorial: The FTX saga is hard to understand, but the greed behind it isn't

Back in 2001, precious few Americans could have explained what Houston-based Enron did as a company and how it got so spectacularly wealthy. But when it filed for a record-breaking bankruptcy, Americans got schooled fast about not putting their trust and money behind swaggering, fast-talking con artists. But fools and…

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Axios

Crypto's Enron-sized scandal threatens to undermine its core reason to exist

The crypto industry was already facing a trust deficit, and this has set it back far.

Fortune

Former FTX users say the failed crypto exchange was a 'Ponzi scheme.' Here's how Ponzis work

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

Crikey

From Theranos to FTX, a corporate fraud tidal wave is starting to crash

There are few fraud victims while markets are green, but during a global economic downturn, misdeeds and subterfuge rise to the surface.

Reason

Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?

The mainstream coverage of SBF and FTX is more than a little blasé.

The Street

Why FTX Is Lehman Brothers of Crypto

The cryptocurrency exchange imploded within a few days, causing a financial earthquake whose consequences have yet to be determined.

The Guardian - UK

Polyamory, penthouses and plenty of loans: inside the crazy world of FTX

After the crypto firm collapsed, the executive who handled the Enron debacle was brought in – and said he’d never seen anything like it

Fortune

The FTX crash could be the start of a 'gold rush' for crypto lawyers

Lawyers with specialties in digital assets are giving way to experts in restructuring. “There's going to be a lot of work.”

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