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Enron has been resurrected in what seems to be an elaborate funny story | The Gentleman Report Trade

Enron has been resurrected in what seems to be an elaborate funny story | The Gentleman Report Trade
December 3, 2024


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It’s the comeback tale no person requested for — the resurrection of a logo so poisonous it stays synonymous with company fraud greater than twenty years after it collapsed in chapter. That’s proper, other folks: Enron is again. However handiest roughly.

TL;DR: An organization that makes T-shirts purchased the Enron trademark and seems to be looking to promote some merch on behalf of the fellow in the back of the satirical conspiracy principle “Birds Aren’t Actual.”

No, this isn’t a bit of. Right here’s the longer model:

On Monday, the twenty third anniversary of Enron’s submitting for chapter, rumors started to unfold that the previous Texas power massive had come again from the lifeless. A graceful new web page, enron.com, looked as if it would display that the corporate had completed some critical soul-searching and, inexplicably, reincorporated beneath its unique logo. As a contemporary power corporate, it will be devoted to “fixing the worldwide power disaster,” its press observation reads.

The website is full of the type of inventory artwork and benign company platitudes that lend it credibility. There’s a hyperlink to activity openings, worker testimonials or even a minute-long video titled “I’m Enron,” a movie-trailer-style mashup of cityscape time lapses, rockets launching into house, a ballerina twirling on a seashore — a large number of images and baritone voiceover so trite it’s nearly plausible.

However the website and its related social media accounts are, like Enron’s stability sheets, most commonly fiction. Not like the Enron scandal, alternatively, this one seems to be little greater than efficiency artwork designed to promote branded hoodies.

Publicly to be had paperwork display that an Akansas-based LLC referred to as The Faculty Corporate purchased the Enron trademark for $275 in 2020.

The co-founder of that corporate is Connor Gaydos, who, at the side of Peter McIndoe, created “Birds Aren’t Actual,” a ridicule conspiracy principle that claims the federal government changed all birds with drone replicas which might be spying on American citizens. Gaydos and McIndoe have had a just right run with the hen bit, which began with a unmarried funny story and morphed right into a Gen Z-fueled motion … of varieties.

It is advisable name it a high-brow statement on social media’s talent to distort fact and infect folks with false concepts concerning the global. Or you want to name it an blameless funny story that offered numerous T-shirts.

Which brings us again to the Enron gambit.

After I reached out to the Enron press electronic mail indexed at the website, I won a answer a couple of mins later — now not from an Enron rep, however slightly from a media strategist on the New York communications company Stu Loeser & Co. The strategist stated “we’ll have extra to proportion quickly,” however declined to remark past the observation posted at the Enron website. An electronic mail to Stu Loeser & Co searching for additional information at the company’s ties to this … no matter that is … went unanswered.

Gaydos didn’t reply to an electronic mail searching for remark. McIndoe couldn’t in an instant be reached to remark.

In its observation, oddly posted as a picture record at the Enron website, the corporate lays out its “daring new imaginative and prescient” to fixing the arena’s power issues. Amongst its “key pillars” is a dedication to “permissionless innovation,” aka crypto — a nod that brought on some hypothesis on-line that the brand new “Enron” would release some roughly virtual token.

An Enron-branded X account posted and later deleted a message teasing at a crypto providing, pronouncing “we should not have any token or coin (but). Keep tuned, we’re excited to turn you extra quickly.”

So what’s happening?

The principle web page at the Enron website features a countdown clock, which, as of Monday afternoon, confirmed 7 days and 17 hours to head till Enron has “one thing very particular to introduce.”

In the meantime, you’ll be able to tab over to the website’s “Corporate Retailer” web page to browse a collection of Enron-branded hoodies ($118 sooner than tax and delivery), puffer vests ($89), tees ($40) baseball hats ($40), beanies ($30) and water bottles emblazoned with the slogan “you’ve were given nice power.”

OpenAI
Author: OpenAI

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