Posted on 11/06/2025 6:59:12 AM PST by dennisw
240,241 views
Oct 18, 2025
#WeWork #Scandal #CEO
From fraudulent blood testing to diesel emissions cheating, these business leaders drove their empires straight into the ground! Join us as we examine the executives whose poor decisions, ethical lapses, and outright fraud transformed thriving companies into cautionary tales. Which corporate collapse shocked you the most?
Our countdown includes Elizabeth Holmes' non-existent blood testing technology at Theranos, Adam Neumann's lavish spending at WeWork, Jeffrey Skilling and Kenneth Lay's accounting fraud at Enron, Martin Winterkorn's emissions scandal at Volkswagen, and John Sculley's disastrous tenure after ousting Steve Jobs from Apple.
Did we miss any other corporate captains who sank their own ships? Let us know in the comments below!
(Excerpt) Read more at youtube.com ...
Sears should have been Amazon.
Maybe the overflow. IIRC Powdermill was where the lawyers were and who knows what else.
The DEC PDP-11 was the computer upon which UNIX was created.
Stockton Rush"
Well, to be fair, it was more of an implosion than a sinking.
Shouldn’t Sam Bankman-Fried be on this list?
Trivial to non-existent fraud at Enron!
The complete destruction of Enron and the Arthur Andersen Accounting firm was 100% anti-GOP political malice.
Briefly...
Energy trading was the profit center at Enron.
There was ZERO fraud in the Enron Energy Market!
When the USA Department of Justice claimed accounting fraud at Enron, their Energy Market froze solid in a couple of hours.
Energy traders need to have 100% confidence that their products can be instantly priced, bought, and sold.
Billions of dollars of energy contracts were evaporated by the DOJ deliberate political malice.
Arthur Andersen Accounting, one of the largest firms in the world, was slowly bled to death by the DOJ.
The Supreme Court eventually voted unanimously that the DOJ failed to explain the law they said that Arthur Andersen broke, and the AA verdict was reversed.
By then, AA was bankrupt.
The people who designed, prosecuted, and adjudicated the criminal charges, should have been sent to prison for life.
I thought Ken & Gucci Bob had their offices at PMO.
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