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HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four , including , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said.
Zuora Reports Third Quarter Fiscal 2025 ResultsHigh price paid for David Jiricek an acceptable investment for Wild GM Bill GuerinYou can now get a yellow charging brick for $5 to match your Playdate’s cableGarrett Wilson has experienced a lot of losing in his three seasons with the New York Jets. Ten losses in his rookie year. Ten last year. And 10 — and counting — this season. The latest came Sunday, when New York held a late lead at Miami but blew it and lost, something that has been an embarrassingly way too common theme. "When you’re up in the fourth quarter, all of a sudden it starts to feel like you have a losing problem,” the wide receiver said after the Jets' 32-26 overtime loss . “You have a gene or some (thing).” It's as good a theory as any at this point, especially for frustrated fans who have watched the Jets (3-10) miss the postseason for 14 straight years . It's the longest active drought in the NFL, a skid that also currently tops any franchise in the NBA, WNBA, NHL or Major League Baseball. “Losing hurts in general,” right guard Alijah Vera-Tucker said Monday. “So when you stack up those L's, that's obviously not where anybody in this building wants to be. That's not anybody's standard at all.” Instead, these Jets are setting dubious marks. They have lost a franchise-worst five games in which they held a fourth-quarter lead. And they've done it in three straight games. New York has nine consecutive losing seasons, also the longest active skid in the NFL. The Jets couldn't even enjoy what interim coach Jeff Ulbrich said Monday was Aaron Rodgers' “best performance of the season.” The 41-year-old quarterback threw for 339 yards — ending a 34-game 300-yard passing drought in the regular season — and a 3-yard touchdown pass to Davante Adams. It wasn't enough. Not when the defense and special teams were having costly breakdowns. Again, with the Jets holding a late lead. And losing. “I wouldn’t say more frustrating, but probably equally frustrating,” Ulbrich said of the latest loss. “There has been, in my opinion, seven games that have come down to the end of the game and have been within one score and we didn’t get it done, and for a lot of different reasons when you look at the span of that seven games. “But we haven’t been good enough in those moments, and we need to be.” What’s working The passing game. The Jets' offense with Rodgers hasn't been nearly as dynamic through the air as most expected. But it has come alive lately, and probably not coincidentally with Rodgers overcoming some nagging leg injuries. The 300-yard game at Miami had Rodgers looking more like the vintage version of the four-time MVP. He was 27 of 39 passing with a season-high 8.7 yards per attempt, leading the Jets to a season-best 402 total yards. “I thought he did a very good job, and obviously the statistics would support that,” Ulbrich said. “He had an excellent day. I thought the offense had probably their best performance of the year.” What needs help Defense vs. the screen. Tua Tagovailoa made quick work of the Jets' defense with a quick release and the Dolphins' use of screen passes. Ulbrich counted 12 of them. “I've never been a part of a game like that,” he said. Ulbrich credited Miami for offsetting New York's aggressive front and slowing it. “I’m taking a hard look at our screen defense,” he said. “We need to be better vs. the screens. Sometimes that’s from an execution standpoint and that’s sometimes from a call standpoint. So we’ve got to make sure that that type of day doesn't occur for the defense. And I have a big part of that.” Stock up LB Jamien Sherwood. With C.J. Mosley going down with various injuries, Sherwood's playing time has increased in his fourth season — and he has produced. He had 18 total tackles, including 13 solo, against the Dolphins and added to his team-leading season total. Sherwood became the first player in the NFL to have 18 or more tackles, two or more for losses and one pass defensed since Denver's Alex Singleton did so in Week 6 of the 2022 season. Stock down Special teams. Anders Carlson made all four of his field-goal attempts, including a go-ahead 42-yarder with 52 seconds left in the fourth quarter. But his kickoff on the ensuing play was returned 45 yards by Malik Washington, helping set up Jason Sanders' 42-yarder with 7 seconds remaining. Carlson acknowledged he was supposed to kick into the end zone for a touchback but mis-hit it. The coverage unit also fell flat in limiting Washington's return. Injuries Ulbrich had no new information on the injuries to RT Morgan Moses, who hurt his left wrist in pregame warmups and left after the first half, or special teams ace Irvin Charles (knee). ... RB Breece Hall (knee) and CB Sauce Gardner missed the game, but Ulbrich said “I’d like to think they’ve got a chance” to play Sunday at Jacksonville. Key number 0 — The Jets had no hits on Tagovailoa, who threw 47 times. “As soon as he snapped the ball, the ball was gone,” Sherwood said. What’s next New York heads to Jacksonville next Sunday, when the loser will move up in the draft order. The Jets currently hold the No. 7 spot, according to tankathon.com, while the Jaguars (3-10) are at No. 5 entering Monday. ___ AP NFL: https://apnews.com/hub/NFL Dennis Waszak Jr., The Associated Press
The Latest Analyst Ratings For Quanta ServicesConstellation Brands Inc. Cl A stock falls Tuesday, underperforms marketTJ Bamba led Oregon with 22 points and five assists in the Ducks' 78-68 victory over San Diego State on Wednesday in pool play of the Players Era Festival at Las Vegas. The Ducks (7-0) won both games in the "Power Group" and will play in the championship Saturday against the top team from the "Impact Group." San Diego State (3-2) will await its opponent for one of the secondary games Saturday. The matchups are based on seeding dependent on performance of the first two games. Bamba made 7 of 14 shots from the field, including 4 of 6 from 3-point range. Keeshawn Barthelemy had 16 points on 5-of-8 shooting from the field and hit 3 of 4 from beyond the arc. Nate Bittle finished with 11 points and nine rebounds, Brandon Angel 12 points and six rebounds and Jackson Shelstad paired 12 points with four assists. BJ Davis led San Diego State with 18 points before fouling out. Nick Boyd finished with 15 points on 6-of-9 shooting from the field, including 3-of-4 from beyond the arc. Neither team led by more than four points until Oregon scored nine unanswered to take a 34-27 lead with 2:20 left in the first half. Barthelemy started the run with a jumper and finished it with a 3-pointer. Oregon outscored San Diego State 16-4 in the last 4:23 of the half to take a 41-31 lead into the break. Bamba and Barthelemy combined for 20 points on 7-of-14 shooting in the first half. Boyd led San Diego State with 13 points, making all three of his 3-point attempts and going 5-of-6 overall. A 7-2 run for Oregon increased its advantage to 48-35 with 17:36 remaining, but San Diego State cut the lead to 56-53 with 10:58 left following a 9-0 run. A Bamba 3-pointer closed an 8-2 stretch with 4:15 remaining to increase Oregon's lead to 73-63. San Diego State did not get closer than eight points the rest of the way. Davis fouled out with 31 seconds left and Oregon leading 77-68. --Field Level Media
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