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Thursday, November 28, 2024

Today in History: November 28, Enron collapses

Today in History: November 28, Enron collapses

Today is Thursday, Nov. 28, the 333rd day of 2024. There are 33 days left in the year. Today is Thanksgiving in the United States.

Today in history:

On Nov. 28, 2001, Enron Corp., once the world’s largest energy trader, collapsed after would-be rescuer Dynegy Inc. backed out of an $8.4 billion takeover deal. (Enron filed for bankruptcy protection four days later.)

Also on this date:

In 1520, Portuguese navigator Ferdinand Magellan reached the Pacific Ocean after passing through the South American strait that now bears his name.

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