July 6, 2020

Episode 2: Adelphia Communications

Episode 2: Adelphia Communications
Episode 2: Adelphia Communications
Scheme
Episode 2: Adelphia Communications
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Season 1

In March of 2002, Adelphia was the 6th largest cable TV provider in the U.S. But then the company made one tiny financial disclosure and within 3 months it was bankrupt. Shareholders filed lawsuits, the SEC alleged there was fraud, and executives went on trial. What the heck happened?