The Wall Street Journal works to expose the shady financial deals key to Enron’s success. With his company pushed to the brink of bankruptcy, Ken Lay engages in a desperate ploy to avert disaster.

This episode originally aired on September 17, 2019.

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Encore: Enron | Death Spiral

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Every scandal begins with a lie. But the truth will come out. And then comes the fallout and the outrage.

Scandals have shaped America since its founding. From business and politics to sports and society, we look on aghast as corruption, deceit and ambition bring down heroes and celebrities, politicians and moguls. And when the dust finally settles, we’re left to wonder: how did this happen? Where did they trip up, and who is to blame? From the creators of American History Tellers, Business Wars and Tides of History comes American Scandal, where we take you deep into the heart of America’s dark side to look at what drives someone to break the rules and what happens when they’re caught. Hosted by Lindsay Graham.

Follow American Scandal on the Wondery app or wherever you get your podcasts. You can binge new seasons of American Scandal early and ad-free on Wondery+. Join Wondery+ in the Wondery app or on Apple Podcasts. 