A Column of Corporate Catastrophes
Bad incentive structures. False reporting. Outright fraud. Corporate failures come in various shapes and sizes, often with different underlying causes. But they all have a shockwave of impact. This column, authored by Jessica Graham, looks at various high-profile corporate catastrophes—analyzing what went wrong (whether intentionally or unintentionally) and examining how the resulting crash impacted everyday people along the way. Whether as high-profile as Enron, or as seemingly simple as the GE spinoff, there’s always more to the story than corporate projections and shareholder profits.