The James Altucher Show

The Biggest Fraud in History | Antonio Reza

Episode Summary

Enron, WorldCom, Madoff Securities, FTX. All of these companies have had Icarus-like rises & collapses, and they all followed the same playbook. Is it a coincidence that the man who returned $20 billion to Enron’s creditors will now oversee FTX through Chapter 11 bankruptcy? Antonio Reza joins James to discuss the greatest fall of them all, Enron, and its similarities to the recent plummet of FTX.

Episode Notes

The ABCs of How to Commit Corporate Fraud:

Enron, WorldCom, Madoff Securities, FTX. All of these companies have had Icarus-like rises and collapses and they all followed the same playbook. Is it a coincidence that the man who returned $20 billion to Enron’s creditors will now oversee FTX through Chapter 11 bankruptcy? 

Today, Antonio Reza (Head of Finance for Google Cloud EMEA, ex-Microsoft Azure, ex-GE) joins James to discuss the greatest fall of them all, Enron, and its similarities to the recent plummet of FTX. Antonio's recent thread about Enron is a must-read and his Twitter account is full of similar insights.

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