The biggest problem for Enron wasn't that former CEO Jeffrey Skilling suddenly quit, or that former CFO Andy Fastow was enriching himself. It was that Enron's success was dependent on an image that was partly a facade. After Wall Street Journal reporters pulled back the curtain, it all came tumbling down. In this episode, how Enron fell from Wall Street darling to bankruptcy in just a matter of weeks.

Questions about the making of Bad Bets? Join John Emshwiller and Rebecca Smith for a live Q&A on Thursday, November 4th at 2 p.m. EST. Sign up at wsj.com/live-qa. We'd love to hear from you.

John Emshwiller hosts. The original reporting on which this season is based was done by him and Rebecca Smith. Bad Bets is a production of The Wall Street Journal. This season was produced in collaboration with Neon Hum Media.

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