Our Pick
Posted on @rawstates
Enron collapses
December 2, 2001
Houston, Texas
Dewliter · CC BY-SA 4.0 · Wikimedia Commons
The seventh-largest company in America went bankrupt in weeks once it emerged the profits were held in partnerships designed to hide the debt. Employees lost pensions they had been told to keep in company stock, Arthur Andersen was destroyed, and Congress passed Sarbanes-Oxley the following year.
That was 1 of the hidden places.
Location: documented spot
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