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"Herman Cain's Enron-esque Disaster"

Herman Cain, who recently threw his hat into the ring of GOP presidential contenders, likes to say that what he lacks in political experience he makes up for with his background in business. That may not be a plus. Cain's business "experience" includes a stint on the board of Aquila, which pushed its employees to invest their retirement savings in company stocks and then speculated wildly in energy markets, wiping out most of the company's value.

Andy Kroll reports for Mother Jones May 23, 2011.

Source: Mother Jones, 05/24/2011