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  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Enron has Been Resurrected in What Appears to Be an Elaborate Joke (cnn.com)

(Wednesday December 04, 2024 @05:34PM (EditorDavid) from the doomed-to-repeat dept.)


Have you been to [1]Enron.com lately?

"It's the comeback story no one asked for," [2]reports CNN , "the resurrection of a brand so toxic it remains synonymous with corporate fraud more than two decades after it collapsed in bankruptcy.

"That's right, folks: Enron is back. But only kind of."

> TL;DR: A company that makes T-shirts bought the Enron trademark and appears to be trying to sell some merch on behalf of the guy behind the [3]satirical conspiracy theory "Birds Aren't Real ...."

>

> On Monday, the 23rd anniversary of Enron's [4]filing for bankruptcy , rumors began to spread that the former Texas energy giant had come back from the dead. A sleek new website, enron.com, appeared to show that the company had done some serious soul-searching and, inexplicably, reincorporated under its original brand. As a modern energy company, it would be dedicated to "solving the global energy crisis," its press statement reads. The site is packed with the kind of stock art and benign corporate platitudes that lend it credibility. There's a link to job openings, employee testimonials and even a minute-long video titled "I am Enron," a movie-trailer-style mashup of cityscape time lapses, rockets launching into space, a ballerina twirling on a beach — a mess of imagery and baritone voiceover so trite it's almost believable.

>

> But the site and its associated social media accounts are, like Enron's balance sheets, mostly fiction. Unlike the Enron scandal, however, this one appears to be little more than performance art designed to sell branded hoodies. Publicly available [5]documents show that an Akansas-based LLC called The College Company bought the Enron trademark for $275 in 2020... You can tab over to the site's "Company Store" page to browse a selection of Enron-branded hoodies ($118 before tax and shipping), puffer vests ($89), tees ($40) baseball hats ($40), beanies ($30) and water bottles emblazoned with the slogan "you've got great energy."

Somewhere on the site CNN spotted [6]a list of "key pillars " which included a commitment to "permissionless innovation," which CNN took to be "a nod that prompted some speculation online that the new 'Enron' would launch some kind of digital token." That phrase has apparently been changed now to "continuous innovation."

> An Enron-branded [7]X account posted and later deleted a message teasing at a crypto offering, saying "we do not have any token or coin (yet). Stay tuned, we are excited to show you more soon."

But sharp-eyed X.com users also found the key context to add: that the [8]Terms of Use at Enron.com declare the site's information "is First Amendment-protected parody, represents performance art, and is for entertainment purposes only."

Still, the site includes this testimonial from someone it says is a current employee. "Like many of my peers in the Enron family, I was skeptical at first.

"Now, not only do I have complete confidence in the integrity of the company, I also genuinely believe that we are leading the way for a new chapter of American business."



[1] https://enron.com/

[2] https://www.cnn.com/2024/12/02/business/enron-resurrected-joke-nightcap/index.html

[3] https://tech.slashdot.org/story/21/12/11/0421223/whats-behind-the-birds-arent-real-protests

[4] https://www.cnn.com/2013/07/02/us/enron-fast-facts/index.html

[5] https://tsdr.uspto.gov/documentviewer?caseId=sn88914633&docId=APP20200516085347&linkId=17#docIndex=16&page=1

[6] https://enron.com/pages/newsroom

[7] https://x.com/Enron

[8] https://enron.com/pages/terms-of-use



Who had Crypto Named Enron on their bingo card? (Score:3)

by nightflameauto ( 6607976 )

I didn't really see that coming, but then again, we have slipped into some kind of weird quasi-reality where shitty sitcom level nonsense happens on a regular basis in real life, so it's not exactly a big shocker.

Re: (Score:2)

by Baron_Yam ( 643147 )

I think I could be convinced to join a cult whose core belief was that life here is a poorly managed reality show for aliens/gods/whatever.

It would really explain an awful lot.

Re: Who had Crypto Named Enron on their bingo card (Score:3)

by madbrain ( 11432 )

Somewhere, a Vogon is writing a poem about this.

Tip of the hat. (Score:1)

by Gandoron ( 681748 )

Birds aren't real is kinda genius. This is the type of satire we need in this desperate hour.

Re: (Score:2)

by Darinbob ( 1142669 )

Make Corporate Fraud Great Again!

Re: (Score:1)

by smooth wombat ( 796938 )

Make Corporate Fraud Great Again!

That part'll happen pretty definitely. Just give it about six months.

Re: (Score:2)

by number6x ( 626555 )

Thanks to New Mexico Tech, a school made famous by Mythbusters, [1]birds aren't real [youtu.be]!

The real life birds aren't real thing is even creepier.

[1] https://youtu.be/VPu2fkezy-U?feature=shared

fsociety, you know, for the LULZ! (Score:2)

by Thud457 ( 234763 )

I can has E-Corp [1]E-Coin [adsoftheworld.com] now?

[1] https://www.adsoftheworld.com/campaigns/ecoin

Because it's funny (Score:2)

by Bruce66423 ( 1678196 )

and is a reminder that Americans can sometimes laugh in the face of catastrophes...

Re: (Score:2)

by Xenx ( 2211586 )

The ballots are still out, but based on my count it appears to be tied

Sad state of the world today (Score:3)

by bickerdyke ( 670000 )

The sad state of the world or at least the western corporate culture can't be summed up better than this:

> The site is packed with the kind of stock art and benign corporate platitudes that lend it credibility.

Re: (Score:2)

by Art Challenor ( 2621733 )

It's a really elegant website. It may be total bullshit but the presentation is outstanding. All the pieces are there, there's information, videos, testimonials, all. I'd hire that designer.

Mr Robot (Score:2)

by VeryFluffyBunny ( 5037285 )

Haven't Mr. Robot, the TV series, already adopted the Enron logo for their Evil Corp?

Then there is the Chromium Netscape (Score:2)

by xack ( 5304745 )

That recently got released. For those who won't let sleeping dogs lie. It's just Chromium with an AOL homepage.

CHAPTER 11 (Score:2)

by Growlley ( 6732614 )

by any chancer

Paging Ken Lay (Score:2)

by DrMrLordX ( 559371 )

Oh wait he's dead, shucks. Would a Ken Lay token violate his personal copyright?

Satire's not dead. It's resting. (Score:1)

by hadleyburg ( 823868 )

Where is the line between a real company and a near-real parody?

Make a wish, it might come true.