Bigger than Enron Name Institution Date In 2001, Enron`s downfall was a warning of a widespread malice in the marketplace. Enron was the climax of the avalanche of America companies falsifying statements costing investors more than 200 billion dollars through false financial reports. The collapse of the company can be traced to the Wall Street; Wall Street is one of the agencies that were to act as watchdogs by keeping an eye of the corporate world to make sure the market was honest. Another cause of the collapse can be traced to Washington; Congress weakened the protection laws and tied the hands of