Enron scandal was created in 1985.

Enron was said to have committed fraud in an accounting scandal.

Refer to the link below, for more information.

The ENRON scandal was one of the biggest accounting frauds in the world at the time and is second only to the lehman brothers. To learn more i suggest you read the book.

smartest guys in the room

After the Enron accounting scandal came to light, its stock price plummeted to 0, which wiped out many investors who had purchased Enron's stock.

there should have been more governmental regulation and reviews of large corporations, like Enron.