69 comments

  • thechao 19 hours ago

    Oh man. I knew guys working at Enron (I lived in Houston at the time) when it all unwound. Here's three things:

    1. One of the IT guys – in his early 20s — showed up in a brand new 350Z (stickers on). This was his "severance" pay. I'm pretty sure one of the upper-mgmt had bought it for themselves, but it was "about the right amount".

    2. Another friend was in the accounting group — he had been out of school for just a month-or-so — and had been a tag-along to AA. He came to work one day and his boss looks at him and says "you, me, and X are moving to Switzerland. Today." I didn't see him for years. He had no idea what was going on.

    3. I got a lot of swag. The last Enron BBQ had custom t-shirts made. On the front is the Enron logo. On the back are all their mottos? Things like "trust", "honesty", etc. It's one of my most treasured t-shirts of the dot-com era.

    • incanus77 15 hours ago

      I didn’t have a direct connection to anyone at Enron, but in 2006 I was working at a small Democratic consultancy in Washington DC and we got a new office just off of K Street. After we moved in, we were digging around in closets to find ideal placement for equipment and found a rolled-up blueprint for the building in one of them. The details showed that it had been built out for Enron lobbying. We joked that we were going to be haunted by the ghost of Ken Lay — the former CEO of Enron — as he had just died and it was the top of the news.

      • whtsthmttrmn 13 hours ago

        You must place the blueprint on his grave, lest you be cursed forever!....yarg!

    • robin_reala 17 hours ago

      I’m sitting on an ex-Enron Aeron right now, one good thing to come out of their original collapse and the following London-office fire sale.

      • FredPret 15 hours ago

        Wow, I knew Aeron’s were good, but 25 years of use?

        • robin_reala 14 hours ago

          It’s a chair of Theseus: had two new gas lifts, new arm pads and a new mesh base since I’ve had it. But the good thing about Aerons is that parts are easily available.

          • richbell 14 hours ago

            > But the good thing about Aerons is that parts are easily available.

            The tilt lock on mine recently broke. Any suggestions on where to look for replacements?

            • robin_reala 13 hours ago

              Gas lifts I got direct from HM who sent out engineers to fit them: not cheap but I didn’t trust myself to do it. The other parts were lightly used from eBay.

        • LeafItAlone 13 hours ago

          25 years doesn’t seem like a long time for a desk chair to me.

          I have an IKEA desk chair I bought (from IKEA) for under $100 in 2010 that is in great shape, other than the fake leather flaking from the arms.

          I would expect an Aeron-priced chair to last longer than I do.

    • cafard 18 hours ago

      AA?

      • jcranmer 17 hours ago

        The accounting firm that collapsed for signing off on Enron's fraudulent financials.

      • thechao 18 hours ago

        Arthur Anderson.

        • wkat4242 16 hours ago

          Thomas A. Anderson is back!

        • dctoedt 13 hours ago

          Nit: Andersen, not Anderson.

      • Mo3 17 hours ago

        Alcoholics anonymous?

        • mistrial9 14 hours ago

          significant organizational overlap there

    • forth_throwaway 16 hours ago

      > 1. One of the IT guys – in his early 20s — showed up in a brand new 350Z (stickers on). This was his "severance" pay. I'm pretty sure one of the upper-mgmt had bought it for themselves, but it was "about the right amount".

      I wouldn't even be all that mad

    • black_13 17 hours ago

      [dead]

  • mindracer 18 hours ago
    • superfrank 16 hours ago

      > apparently someone thinks it's a good and funny idea to make a big joke out of a company that ruined people, and this is about as much oxygen as i'm inclined to give it

      As if Enron hasn't been the butt of about a million jokes for the last 25 years.

      • Lerc 15 hours ago

        I'm not sure why it became popular to denigrate people for making jokes about bad things.

        Mel Brooks has the point of view that there are some things that are so bad that the only appropriate response is to make jokes about it.

        It's ok to not like jokes if you find the topic hurtful, jokes don't have to please everybody. Everyone deals with trauma in their own way

        At the same time declaring the unacceptablity of a joke because people suffered is to presume how those people feel about it and manage that suffering. Many of those people will manage it with humour themselves.

        • sharkjacobs 14 hours ago

          > It's ok to not like jokes if you find the topic hurtful

          But it's not okay to say so?

          • Lerc 14 hours ago

            It is ok to say that you didn't like it. The line is when you imply that it was wrong to have made it.

            I feel like saying "Someone thinks it's a good and funny idea..." Carries the implication of distain and that the joke shouldn't have been made.

            Express yourself, but be compassionate, don't bully, shame, school, or any other emotive attack.

            • sharkjacobs 13 hours ago

              Am I understanding this right?

                   OK Making a joke
                   OK Criticizing a joke
                   x  Implying disdain for a joke
                   x  Implying a joke should not be made
                   OK Implying disdain for a criticism
                   OK Implying a criticism should not be made
              • superfrank 11 hours ago

                I'm the person who originally called out the response. The issue I had with it was related to the "Implying a joke should not be made", but one step further. It's this common pattern I feel like has popped up in the last 10 years with social media that I find really annoying and manipulative.

                The person in the post was implying that the joke shouldn't be made because some theoretical person somewhere might be offended by it. They aren't saying they're offended by it because most people don't care if they offend some random person on the internet. Instead they try to find a group that is disadvantaged and frame their offense at the joke as a attempt to protect that group. They're trying to create a scenario where either you agree with them or you're punching down. It's manipulative and gross and it's become such a staple of social media debates that I don't even think people realize when they do that.

                I would actually have no problem if that person said, "I think it's offensive to make jokes about Enron and you shouldn't do that", but that isn't what they did. They're essentially trying to guilt trip people into agreeing with their opinion.

                • sharkjacobs 10 hours ago

                  I think I basically agree with you, it raises my hackles when I see rhetorical devices being used to push positions I disagree with, it feels transparently manipulative in a way that is disrespectful to the audience (me)

                  But I think that you're overlooking some of the specifics of Molly's post, and this particular joke.

                  Molly believes that memecoins are basically Ponzi schemes. So what she claims that this joke is in bad taste it is not just because it is making fun of a famous case of financial fraud which ruined people, but crucially because of the context of launching and promoting another financial fraud.

                  edit: in her own words

                    > fwiw i don't really have an issue with someone doing an enron parody for parody's sake
                    > 
                    > however i am concerned about a very suspiciously-timed memecoin that cropped up, and the possibility that this is all just a play to go viral to pump a token.
                  
                  https://bsky.app/profile/molly.wiki/post/3lcdurxh5mk2m
                  • superfrank 5 hours ago

                    Ah, with the additional context that makes a little more sense. I just saw the single post and wasn’t aware that it was a bit tongue in cheek

              • Lerc 13 hours ago

                In general, I don't think you should distain or imply distain for much at all. Similarly dictating the actions of others should probably have a high bar.

                If you are suggesting that I am implying distain for criticism or that critism should not be made, that was certainly not my intent. I would much rather question why it is happening, place it in context, and perhaps suggest alternatives, instead of taking a knee jerk "This is bad, you are bad" approach.

                Have I not done that?

                • sharkjacobs 11 hours ago

                  > Have I not done that?

                  No. My impression was that you were saying Molly's comment went too far and that she shouldn't have made it.

                  > It is ok to say that you didn't like it. The line is when you imply that it was wrong to have made it.

                  Maybe we have different ideas about what it means to "cross a line", it's an imprecise idiom.

          • whtsthmttrmn 13 hours ago

            I think there is a difference between "I don't like the joke/topic" and "apparently..."

            The latter points out the obvious (of course someone wanted to make the joke, it was made) simply to try to garner sympathy and paint the joke-teller in a negative light.

            • sharkjacobs 11 hours ago

              Do you mean that Molly is going too far by not just criticizing the joke, but also, by implication, criticizing the joke-teller?

              If Molly had said "I don't think that this joke is funny, and it is in poor taste to make light of victims of accounting fraud" do you think that would have been better and wouldn't have implied anything about the joke-teller?

              • whtsthmttrmn 11 hours ago

                I believe that's the crux, though I don't have a dog in the fight either way so I'm just guessing.

          • DiggyJohnson 14 hours ago

            Without reason, you should assume that an intelligent audience can identify humor from malice or ignorance.

          • michaelmrose 14 hours ago

            Everyone wants to hear you laugh, many are willing to hear you out if you suffer, nobody wants to hear anyone whine or bitch.

          • __loam 14 hours ago

            I mean you're allowed to do pearl clutching just don't be surprised when people call you out on it.

      • Spivak 15 hours ago

        Dude people make 9/11 jokes. Tragedy plus time is comedy.

    • ipython 17 hours ago

      In that case, they should post a searchable archive of the Enron email data set (https://www.cs.cmu.edu/~enron/) as a "webmail" interface.

      • wkat4242 16 hours ago

        Yeah exactly. That would be funny. And a real parody.

    • bdcravens 14 hours ago

      Must be a well-funded parody, since they took out a full page ad in the Houston newspaper.

    • wkat4242 16 hours ago

      How is this parody? There is no 'funny' in it. Funny would be if it would be clearly tongue-in-cheek.

      But yeah good find about that clause.

      • axus 16 hours ago

        Fools parting from their money never gets old.

      • mrguyorama 13 hours ago

        It's a "parody" in the same way that youtube pranks are "just a prank bro"

        The kind of idiots who do this stuff think it's a get out of jail free card for bad behavior. DOGE was also a "joke"

    • 16 hours ago
      [deleted]
  • selectnull 17 hours ago

    Coffeezilla made a 7min video on the subject: https://www.youtube.com/watch?v=qRklIlxciaM

  • Nefarius 16 hours ago

    For those too young for Enron, watch the documentary "The smartest guys in the room" :)

    • belfalas 16 hours ago

      That Jeff Skilling was a bad boy!

  • ajbt200128 14 hours ago

    Will probably be one of the more ethical players in the crypto space. I'm excited for my electricity prices to go back down, currently paying ~$85 to PGE for a "delivery fee" which is absolutely criminal

  • ufmace 15 hours ago

    This article is a much better analysis than anything I'd seen before about the rise and fall of Enron. An attempt to really dig into how and why it appeared to be and felt like an unstoppable rocketship of brilliance at the time that damn near everyone bought into, not just a hurr durr it's a bunch of fraud take.

    https://mattlakeman.org/2020/04/27/explaining-blaming-and-be...

  • impish9208 15 hours ago

    I will pay top (possibly imaginary) dollar for original swag from the following companies:

    - Enron

    - Lehman Brothers

    - Bear Sterns

    - Madoff Securities

    - FTX

    • Oanid 13 hours ago

      I'm also really into collecting swag from defunct companies—Enron, Lehman Brothers, and Nortel are my favorites. Lately, though, it feels like it's getting harder and harder to find anything from these companies on eBay or Etsy.

      • giraffe_lady 6 hours ago

        Things from non-defunct companies of that time are hard to find too. That late 90s to 2000s aesthetic is the current throwback style. Y2K drip.

    • edm0nd 15 hours ago

      eBay has what you seek

    • _boffin_ 13 hours ago

      No LTCM?

  • aurareturn 20 hours ago

    Fitting. Enron and crypto go together.

    • notahacker 15 hours ago

      If Enron had issued their original shares on a blockchain, there would be people queuing up to insist that minor details like all their execs going to jail for lying to pump the price were irrelevant because their fixed supply made them an excellent store of value....

    • tartoran 18 hours ago

      Then we'll have more of Enron and Trump in the next 4 years, the writing is on the wall. I wouldn't touch any of that crypto with a 10 foot pole.

      • threeseed 14 hours ago

        Don't worry more than enough grandmothers, young boys etc will be buying crypto as the market heats up and people like Marc Andreessen, Jake Paul etc look to offload their holdings.

  • WalterBright 15 hours ago

    Maybe my Enron stock will rise above $0.00?

  • donaldihunter 15 hours ago

    Oh man, that reminds me of the rolling blackouts in California.

    https://en.wikipedia.org/wiki/2000–2001_California_electrici...

  • rfarley04 20 hours ago
  • wglass 16 hours ago

    Looks like the main point of the site is to sell Enron branded merch.

  • bananapub 17 hours ago

    it's a joke, by the person who did Birds Aren't Real: https://nymag.com/intelligencer/article/who-is-behind-enron-...

  • readyplayernull 14 hours ago

    Is Mr. Robot's E-Corp, or Evil Corp as Elliot thinks of it, a parody of Enron?

  • 17 hours ago
    [deleted]
  • lm28469 18 hours ago

    hypothetical future value accounting ™

  • arp242 14 hours ago

    This has got to be some kind of performance art? What's next? Madoff investments? Epstein airlines? Jimmy Saville daycare centre? R. Kelly women's shelter?

    But really, that website just reads like a parody. Then again, with these delusional crypto people one can never be sure...

  • mdavid626 16 hours ago

    Seems legit. Wink wink

  • ReptileMan 15 hours ago

    Once a con, always a con.

  • wkat4242 16 hours ago

    Evil Corp!