The Enron trial started recently and both sides have laid out their strategy in the case. As the Washington Post reports, "The trial is the biggest corporate fraud case in history, a reminder of an era when companies soared and then crashed, executives walked away with millions of dollars, and thousands of employees lost their retirement savings and pensions."
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For an excellent summary of some of what happened at Enron, check out the documentary entitled, "Enron:the Smartest Guys in the Room." You won't believe some of the audio from what the Enron traders said, especially while making money off of the California energy crisis.