
How Enron Foretold Our Greedy, Disastrous Present
When Texas Monthly covered Enron's fall in 2001, we wondered if the company was an outlier or the new normal. There's no longer any question.
When Texas Monthly covered Enron's fall in 2001, we wondered if the company was an outlier or the new normal. There's no longer any question.
Twenty years have passed since the notoriously corrupt energy-trading company collapsed. Maybe it’s time to acknowledge that it wasn’t all bad for Texas.
It was a year of aggrieved actors, banned boobs, Cuban commodes, DeLay denial, errant Elmo, frisky floaters, grouchy governors, hung hoopsters, immigration insensitivity, job-seeking judges, klobbered Karl, Longhorn lushes, miffed musicians, nude no-no’s, ousted Osteens, peeved passers, quarreling queens, riled Rangers, subpar sheriffs, tiny “terrorists,” unseemly URLs, vice presidential violence,
Ten years ago this month, the company that once dominated Houston collapsed in a cloud of debt. But its ghost still haunts the city—and America.
The debut of Enron, the play, on Broadway might be the perfect time to settle a question that’s been bothering Houston: Does Jeff Skilling need a new trial?
Executive editor Mimi Swartz talks about Dan Patrick, Houston’s celebrity-talk-show-host-turned-politician.
A year of avaricious Aggies, banned boogers, chagrined cheerleaders, dotty dwellings, expletive-deleted Enron, famous fugitives, Germanic goofs, horny highways, icky insects, judicial jests, kooky kidnappers, look-alike logos, misguided Mavericks, news-making nuts, ousted Osamas, problematic pachyderms, quirky quarterbacks, rampaging rats, scary skunks, tetrahydrocannibinol-filled tacos, unhealthy urbanites, volleyball vamps, wayward W's, x-rated
The Houston-based energy giant put the pursuit of profits ahead of all other corporate goals, which fostered a climate of workaholism and paranoia. And that was only part of the problem.