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Enron's collapse 20 years on

It has been 20 years since the spectacular collapse of what was the seventh biggest company in the USA - Enron.

It has been 20 years since the spectacular collapse of what was the seventh biggest company in the USA - Enron. The demise of the US energy giant remains one of the most dramatic scandals in modern capitalism - but two decades on, we ask if we learned any lessons from the fall of a corporate giant. US market regulators announce the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms. The Βι¶ΉΤΌΕΔ’s Samira Hussain tells us more. As concern about the Omicron variant grows, pharmaceutical companies are being asked to give up their vaccine patents and share the formulas more widely, so more of the world’s population can be vaccinated. We speak with Rosa Pavanelli, the general secretary of Public Services International, the global union representing workers in healthcare. Finally, we assess the corporate risk for businesses who fear a load of staff becoming infected during Christmas parties. We discuss all this live with Maneet Ahuja, senior editor at Forbes in New York, and Rebecca Choong Wilkins of Bloomberg, a specialist in Chinese debt - she's in Hong Kong.

Presented by Fergus Nicoll and produced by Vivienne Nunis and Faarea Masud.

(Image: Enron's logo in Houston, Texas. Credit: James Nielsen/ AFP/ Getty Images)

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50 minutes

Broadcast

  • Fri 3 Dec 2021 01:06GMT

Podcast