Why did everyone believe their bullshit for so long?
>>1392014
Googled it: basically they were secretive and lied through their teeth.
http://www.wsj.com/articles/SB1007502843500372680
Lots of people were calling them out on it, but the corruption and bribery was so deep that it almost completely invalidated anyone claiming that the books were cooked
There are old interviews up on youtube that are very interesting to watch.
There's on where people are actually using the argument of "You think it's realistic that say that multiple auditors were bribed?"
At one point, Enron was actually turning down legitimate contracts because having real clients would hurt the ponzi.