copyright gloves n stuff.
The 2001 collapse of the energy giant Enron remains one of the most notorious corporate scandals. Massive accounting fraud hid billions in debt, wiping out thousands of jobs and investor billions. The fallout directly prompted the US Congress to pass the Sarbanes-Oxley Act to tighten corporate financial regulations. Cambridge Analytica
: Journalists, whistleblowers, or leaks bring the act to light. Scandal
: Society reacts collectively with moral condemnation. The 2001 collapse of the energy giant Enron
🔍 Anatomy of a Scandal
The digital age has fundamentally altered how scandals function. In 2018, it was revealed that data firm
In 2018, it was revealed that data firm Cambridge Analytica harvested personal data from millions of Facebook profiles without consent to build psychological profiles for political campaigns. This triggered global debates over data privacy and massive regulatory fines. 📈 The Social Media Acceleration