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Hello and welcome to Better Offline.

I'm Ed Zittron and I'm nothing like Enron.

Better Offline. Yeah. Let's all right.

Now, this is the second episode in the Nvidia Enron series, and to give you a recap, a few weeks ago, a document from Invida

leaked where the company denied that it was anything like Enron at all.

But what was Enron? Now, some of you might know this, some of you might not,

but I think it's time to remind everyone what Enron was and what Enron did, and why Enron was so,

I don't know if we should say special, but it sure was Enron. Now, the collapse of Enron

wasn't just in retrospect a large business that

ultimately failed. If that's all it was, it wouldn't come on the same space in our heads as other

failures, like WorldCom or Nortel, which I'll actually get to later. I talked about Worldcom

last episode, both of whom were similarly considered giants in their fields, by the way.

It's also not just about the fact that Enron

failed because of proven business and accounting fraud. WorldCom entered bankruptcy due to similar

circumstances, though, rather than being liquidated. And this is kind of a mindfuckser,

forgive me. It was acquired as part of Verizon's acquisition of MCI, the name of a company that

had previously merged with WorldCom that WorldCom renamed itself

to after bankruptcy, this era sucked. And unlike Enron, WorldCom isn't the subject of multiple

films and even a Broadway production. And my editor saw the UK tour of that and apparently it was

...