Scandal

6 entries

Enron Scandal

ScandalEconomic2001

Enron, once the seventh largest company in America, filed for bankruptcy on December 2, 2001. The co...

WorldCom Scandal

ScandalEconomic2002

WorldCom, a major telecommunications company, filed for bankruptcy in July 2002 after revealing 3.8 ...

Madoff Ponzi Scheme

ScandalEconomic2008

Bernie Madoffs Ponzi scheme, revealed in December 2008, was the largest financial fraud in history. ...

London Whale

ScandalEconomic2012

The London Whale was a trading loss at JPMorgan Chase in 2012. Bruno Iksil, a trader in the London o...

LIBOR Scandal

ScandalEconomic2012

The LIBOR scandal involved major banks manipulating the London Interbank Offered Rate, the benchmark...

Wells Fargo Fake Accounts

ScandalEconomic2016

Wells Fargo was fined 185 million in September 2016 for creating over 2 million fake accounts withou...