# Enron: The Smartest Guys in the Room Were Lying - Part 4: The House Starts to Burn

Page: https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903/enron-the-smartest-guys-in-the-room-were-lying-part-4-the-house-starts-to-burn
Text version: https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903/enron-the-smartest-guys-in-the-room-were-lying-part-4-the-house-starts-to-burn.md
Podcast: [The Fraud Archive – Iconic Cons, Scams and Financial Crimes explained in minutes](https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903)
Published: 2026-07-09T17:00:00+00:00
Episode link: https://shows.acast.com/the-fraud-archive/episodes/enron-unraveling
Audio file: https://sphinx.acast.com/p/open/s/6a24720b250fa4918b1f9c64/e/6a268815b5aa4a3ec70b41a8/media.mp3
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Duration seconds: 347

## Resource

The unraveling did not begin with a confession. It began with pressure. And when Enron finally admitted a huge loss, the market realized the story itself may have been hiding the truth.By October two thousand one, Enron disclosed a large third-quarter loss and a reduction in shareholder equity tied to related-party transactions. That announcement hit the market like a warning siren.Learn more at: https://thefraudarchive.com/fraud/enron The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes. Support the podcast and access exclusive content on Patreon: https://thearchivenetwork.com/support Discover more archives and stories: https://thearchivenetwork.com Explore this archive: https://thefraudarchive.com Hosted on Acast. See acast.com/privacy for more information.

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