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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.
WireImage. Debt: It's claimed he missed three payments before his death. Michael Jackson was âtapped outâ in debt and owed an estimated $400-$500 million when he died, according to a forensic accountant. William R. Ackerman was testifying on behalf of AEG Live as a defence witness in the wrongful death trial when giving a detailed view of Jackoâs finances.