Is Enron making a comeback? Here’s what we know

HOUSTON – Enron, the Houston-based corporation that once dominated the energy sector before its infamous collapse in 2001, now claims to, according to its website, focus on sustainability, innovation, and ethics in addressing critical energy challenges.

The bad practices 23 years ago resulted in billions of shareholder dollars and thousands of jobs lost.

A post on social media platform X had a caption that read, “we’re back…can we talk?” 

As part of their “pillars for vision,” their leadership team is focused on “setting a high standard for ethical business practices, transparency and sustainability…”and, “acknowledging the past…on a renewed commitment to integrity..”

“As you read the employee comments, read their purpose, I started thinking, “OK, The Onion bought Enron’s logo, trademark and website, and this is some satirical, ironic joke.

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Known internationally as the Enron whistleblower, former employee Sherron Watkins says, if the push to relaunch are legitimate, the company may have a steep hill to climb.

“No, I think there’s no resurrecting that reputation and damage,” said Watkins. “Having the Enron name out there just raises awareness of bad corporate behavior. And so in a way, it’s good to have the discussion and the dialogue around what makes a good company.”

But under the terms and conditions of the newly launched website, the information is first amendment-protected parody, and is for entertainment purposes only.