A Moment in Whistleblower History

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In August of 2001, Sherron Watkins, former Vice President of Corporate Development at the Enron Corporation, notified then-CEO Kenneth Lay of accounting irregularities in the company's financial reports.

It was soon revealed that Enron's reported financial condition was a result of creatively-planned accounting fraud, better known as the "Enron Scandal".

Two months later, Enron lost $1.2 billion in shareholder equity, and four months later, the company went bankrupt. Enron was subsequently investigated by Congress and in 2002, Watkins was called to testify before the Senate.

Watkins remains an active whistleblower advocate and was named in Time's 2002 People Of The Year.