Financial Crisis Case Studies

The Great Sock Puppet Economy

Case Study 1: Enron's accounting scandals led to the downfall of this Texas-based energy company. But did you know they also had a secret sock puppet show that went bankrupt?

Learn more about Socko McSockface, the Enron Sock Puppet

Key Takeaways:

  • Overly complex accounting schemes are a bad idea
  • Sock puppets are expensive to maintain

The Housing Market Meltdown

Case Study 2: Subprime lending and a housing bubble that burst like a popped zit. Who knew?

Read about how subprime lending was the real 'prime' cause of the problem

Key Takeaways:

  • Don't trust anyone who promises you a 200% return on investment
  • House prices are not always a good investment strategy