'Did The Onion buy you too?' Enron apparently announces rebirth in baffling new video
3 weeks ago

'Did The Onion buy you too?' Enron apparently announces rebirth in baffling new video

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One of the country's most infamous corporations made a surprise return exactly 23 years after its stunning collapse. Enron Corp. collapsed Nov. 28, 2001, when Dynegy Inc. backed out of an $8.4 billion takeover deal, plunging what had been the world's largest energy trader into bankruptcy four days later, leading to the prosecutions of top executives and prompting new regulations on financial accounting, but a company bearing the same name announced its return with a video posted on X. The ad announcing the company's apparent re-emergence confused many viewers and drew a reader note from X: "A crypto scam masquerading as bankrupted Enron Corporation." "Enron filed for bankruptcy on Dec 2, 2001," said the X account Edison, "and you guys are back again exactly 23 years later for another financial crime?" According to Tech Crunch reporter Sean O'Kane, the company appears to be an elaborate hoax by the "Birds Aren't Real" pranksters who mock conspiracy theories.

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Enron has been resurrected in what appears to be an elaborate joke
3 weeks, 1 day ago

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