Is Enron really back in business sporting a 'bold new vision'? Here's what to know.

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A new Enron website appeared on Monday to proclaim its relaunch. It's been 23 years since the energy company went up in smoke.

In the long history of financial frauds, Enron ranks near the top of the list, with the once high-flying energy trading company suddenly unraveling in a web of lies and accounting sleight-of-hand. On Monday — the 23rd anniversary of its bankruptcy — the company seemed to announce that it's back 'with a bold new vision.'The Dec. 2 announcement is sparking questions about whether the site is satire, as well as the identity of the people behind the apparent relaunch.

''Enron will focus on scalable, sustainable solutions, including investments in renewable energy infrastructure, cutting-edge energy storage and advanced power distribution systems,' the statement says. So what happened to the real Enron?Enron filed for bankruptcy on Dec. 2, 2001, amid revelations of hidden debt, inflated profits and accounting fraud. The collapse of the energy giant cost thousands of workers their jobs, while millions of investors saw their shares become worthless.

 

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