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HOUSTON – Houston-based energy giant, Enron, was known for its catastrophic corporate collapse in 2001.
Then on Monday – exactly 23 years after it filed for bankruptcy – the company seemingly re-surfaced with a tweet, using the same old corporate logo and saying ‘We’re back… Can we talk?’
The post and video on X teased a bigger announcement coming in seven days.
Now here’s what we know: a website and social media account tied to the post suggest ties to cryptocurrency.
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And the ‘Articles of Incorporation’ for this latest ‘Enron’ are tied to two Gen Zers, known for a viral satirical performance on conspiracy theories.
So, as far as we can tell, this looks like a parody. Albeit in poor taste for a lot of people.
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The collapse of Enron resulted in tens of thousands of lost jobs, billions of dollars in lost pensions and retirement savings, a number of indictments and convictions, and even a suicide.
Flashback to some of the biggest events in Houston’s history with FOX 26’s Lina de Florias.