4min chapter

Crypto Critics' Corner cover image

Revisiting Enron with David Z. Morris

Crypto Critics' Corner

CHAPTER

Enron and the California Pension

Last time we talked, you detailed the California pension and how they ended up invested in Enron. And I thought that was a good example of the kind of practices they were using to keep this thing afloat. Could you walk us through that, David? Yeah. Well, first of all, the jig is up, yes, when we recorded this because I forgot to hit record last time.Yeah. So what you're talking about is a thing called, well, kind of two things, one called Jedi and one called Chuko. These were early in the lineage of the spin-off debt hiding structures that Enron had engaged in to try and juice numbers.

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