Something weird was going on.

The first hint came from an anonymous tip

about the president of the company,

Louis Borget.

Mr. Borget had taken some three plus million dollars

of corporate funds and put it in a personal account of his.

There were offshore accounts phony books

and a trail that led from the company's treasurer,

Tom Mastroeni,

to a mysterious Lebanese speculator no one could find:

M. Yass.

What name did you suspect that was?

My ass, you know.

And M Smart, well so that's Maxwell Smart.

I mean, these guys are playing games

Borget and Mastroeni were summoned to Houston.

First, they presented falsified bank records to Enron.

Then they admitted they had diverted company

profits to personal accounts.

It was brought to the attention of the Enron Board.