The Real Downfall of Enron

In the nineties, enron established itself as a player in markets for electric power, coal, steel, paper, pulp. All they ere doing throughout the nineties was establishing themselves in markets where they could be a monopoly. At one point, they buy up 18 thousand miles of broad band cable bordwal yessentially. And this way they can go to comcast and say, we'll buy some of your capacity. They don't actually know how to run stuff in these other industries. So jeffrey skilling, the guy that's behind all this, what they say about him afterwards is that he's somebody who loves ideas, but is totally uninterested in implementation