Mrs. Planner and I watched a shocking documentary last evening. It was called “The Smartest Guys in the Room”. The documentary detailed the rise and fall of Enron. Of course, Enron was the massive energy company that collapsed due to fraudulent accounting in 2001-2002.
Enron completely fabricated their revenue and thus bilked investors out of billions. They encouraged their employees to constantly invest in the company stock. This ended up being a really bad thing. I always knew that the whole Enron fiasco was bad news, but this documentary is just downright scary. Check it out.
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.