Enron: The Smartest Guys In The Room
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CATEGORIES OF THIS FILM
Is the inside story of one of history’s greatest business scandlas, in which top executives of America’s 7th largest company walked away with over one billion dollars while investors and emloyees lost everything. Based on the best-selling book “The Smartest Guys in the Room” by Fortune reporters Bethany McLean and Peter Elkind and featuring insider accounts and incendiary corporate audio and videotapes, Gibney reveals the almost unimaginable personal excesses of the Enron hierarchy and the utter moral vacuum that posed as corporate philosophy. The film comes to a harrowing denouement as we hear Enron traders’ own voices as they wring hundreds of millions of dollars in profits out of the California energy crisis. As a result, we come to understand how the avarice of Enron’s traders and their bosses had a shocking and profound domino effect that may shape the face of our economy for years to come.
Want to know why the energy crisis happened in California, which later led to the election of Arnold Schwartzeneger as governor? Then you should study Enron. This is a very well made film and describes how a culture based on innovation turned into a culture based on greed and how a number of huge banks and one of the nations largest accounting firms helped the most famous corporate fraud in history. I found it interesting to see how normal people could be intoxicated by the culture at Enron.