How Enron Executives Robbed 20,000 Employees of Their Life Savings

Added: 2026-05-27

[00:00:00]20,000 people lost everything they had saved for retirement in a single day.

[00:00:05]But the men who destroyed their lives had already made millions selling the exact same stock their employees were forced to keep buying. This is the story of Enron, where executives turned their own company into a financial death trap for their workers.

[00:00:18]While CEO Jeff Skilling was secretly dumping his Enron shares for $14 million, company policy locked employees into buying more worthless stock with every paycheck. They couldn't sell. They couldn't diversify. They could only watch their life savings vanish while their bosses got rich off the same fraud that would destroy them.