As Moskovitz compares Tesla to Enron, here's what you should know about the commodities firm, which was repeatedly hailed as America's "most innovative" and became an enduring symbol of corporate fraud later.
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Enron scandal, series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world.
Coral Energy Resources, a Shell subsidiary, on Thursday became what may be one of the last of many energy trading companies to have settled charges from the Commodity Futures Trading Commission (CFTC) of false price reporting and attempted manipulation of the natural gas market. Coral paid a $30 million civil penalty in the settlement but neither admitted nor denied the charges.