Houston Business Journal – by Ford Gunter Reporter
Two of the big “E” logos from Enron Corp. are heading for the Big Apple.
An anonymous New York buyer has purchased them for an undisclosed sum from Lou Congelio, who bought the iconic letters in 2002 at Enron’s bankruptcy auction.
Each logo, which feature an E angled backward, first stood for prosperity and growth in Houston, then as a symbol of corporate scandal at its worst.
Congelio displayed the logos as decorative art work in the offices of StanandLou Advertising, a Houston-based firm he co-founded in 1988.
“This was a unique opportunity to own a piece of pop culture during one of the most turbulent times in our city’s history,” Congelio said. “The ‘crooked E’ became an instant symbol of corporate greed and corruption.”
The letters will be shipped the week of May 19.