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Because of its silent complicity in the Enron scandal, the Arthur Andersen company was also forced to close its doors. The fallout. In the end, 90,000 people lost their jobs; Enron employees, who had been encouraged to invest their retirement plans in company stock, lost $2 billion into the bargain. Stockholders lost another $70 billion in the Enron scandal, and the state of California sued for $6 billion in energy losses.
Turner lost more than $8 billion when Time Warner stock collapsed after the companyâs merger with AOL The story, titled âGone with the Wind,â detailed how this man prone to tragedy (his sister died at age 17; his father killed himself at 53) lost his job at Time Warner and the love of his life, Jane Fonda, in addition to his billions of dollars in personal wealth.