Enron's fall: Upended Nov 29th 2001 A financial black hole: Houston, we have a problem Nov 1st 2001 Nevertheless, the biggest failure seems to have been within the company itself. read more
Meanwhile, energy prices began to fall in the first quarter of 2001 and the world economy headed into a recession, thus dampening energy market volatility and reducing the opportunity for the large, rapid trading gains that had formerly made Enron so profitable. read more