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Back From the Brink

Stock market swindles and greedy CEOs brought these folks close to financial ruin. First they got angry. Then they got busy

Cora Lee Jckowski

— Photograph by Patrick Fraser

When energy giant Enron collapsed in a scandal of nonexistent profits and falsified accounting in 2002, Lois Black lost her job. Worse, the legal secretary at the company's Houston headquarters lost everything in her 401(k) retirement savings—almost $150,000. "I know, I know—it was dumb to put so much of my money into Enron stock," says Black, "but [CEO] Ken Lay sent us constant voice mails saying everything was great. We believed it." … Back to Article

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