What role did the stock traders play in the collapse of Enron?

You are shaking the skeletons in the closet on this question! In Houston, I was one of the brokers invited to Ken Lay's (committed suicide) and Skillings annual meetings. I attended them for years while working for Merrill Lynch and Smith Barney. read more

joint hearing: the enron collapse: impact on investors and financial markets wednesday, december 12, 2001 u.s. house of representatives, subcommittee on capital markets, insurance and government sponsored enterprises, joint with the subcommittee on oversight and investigations, committee on financial services, washington, dc. read more

Enron would then repay the funding by delivering a fixed amount of a commodity. Again this would pass through the third party to the bank. Up to this point the deals appear to be a "real" trade since all three parties are at risk if the oil price changes. read more