Enron's CEO Said 'I Feel Great' - Then It Collapsed

On August 14, 2001, Kenneth Lay told analysts he 'never felt better about the company' — the same day Jeffrey Skilling quietly resigned and sold $33 million in stock. Three and a half months later, Enron filed the largest bankruptcy in U.S. history, collapsing from $100 billion in revenue to 26 cents a share. Skilling served 12 years of a 24-year sentence. Lay was convicted on all counts but died before sentencing — and under federal law, every conviction was automatically erased.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#Enron #KennethLay #JeffreySkilling #CorporateFraud #Bankruptcy #WhiteCollarCrime #FinancialScandal #StockMarket