Enron

Mike tells Sarah how a "bad apples” explanation kept us from seeing the real scandal at the heart of America's largest corporate bankruptcy. Digressions include “Casino,” Thanksgiving economics and corruption catchphrases. Neither co-host truly understands how the stock market works.

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Catnip for accountants

I am an accountant who started my career as an auditor, I got a kick out of hearing a lay person break this down. Enron and the resulting changes to the audit/accounting industry dominated my education and early career. Also Mike gets 5 stars for his pronunciation of "Sarbanes-Oxley".