Like Enron employees working for a company where nobody really knew what the business was? It turns out it was nothing. History repeats itself. Down deep the employees know.....
I strongly disagree with that claim.
Enron was the largest trader of gas, oil, and electricity in the world, and it was hugely profitable.
When fraud was discovered in other parts of Enron, and the Feds paralyzed Arthur Anderson, which was Enron's auditor, trading came to a screeching halt, because other trading companies have to be 100% confident that you can cover all your contracts.
If the Feds had surgically separated Enron Trading from the rest of the corporation, at least 50% of Enron's stock value would have been preserved.
Instead, the Feds deliberately destroyed 100% of Arthur Anderson and Enron.
Complete insanity!