First-year loss vs. peak revenue
Enron posted a $14 million loss in its first year (1985), yet within 15 years reported $100 billion in annual revenue — almost entirely built on fraud.
Where this was said
iHeart Intro & Josh's Selects Framing
At 0:29 · chapter starts 0:00
The episode kicks off with a brief iHeart network identifier before Josh Clark steps in to explain why he chose this episode as his weekly Select. He sets the table compellingly: Enron wasn't just a corporate failure, it was a scandal so brazen and consequential that it made an entire generation of Americans cynical about what the wealthy can get away with in the pursuit of money. Beyond the financial swindle, Josh emphasises the human cost — thousands of workers who saw their life savings evaporate — before handing off to the main episode content.
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