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Rating:  -
Chilling.
Raises very troubling questions. How can a handful of greedy, ruthless but politically well connected people get away with this in America?
Those who believe it points to a loss of our national moral compass may find their suspicions confirmed.
Rating:  -
Great documetary. Alex Gibney is one of the better documentary filmmakers out there. The guy does his research on Enron without really getting into the movie and offering his own commentary (like let's say Michael Moore). Instead, he tells the story through interviews with people who worked at Enron from the Ex-Vice President, to the actual "Enron Tapes" (like Watergate), TV interviews, Enron presentations, news reports to present Enron as the corrupt corporation they were.
The movie then gets a lot of credibility for that alone and it manages to go deeper than that. For instance, it questions how the banks, lawyers, and politicians in this country (Gray Davis, Governor Arnold, President Bush) were either too stupid or involved with Enron to possibly not see through Enron's lies. So it starts out as a basic story about how Enron tricked a lot of investors and even their own employees into making millions for a select few but then branches into a very viable conspiracy connection. Again this claim is backed by many audio and video tapes by Enron traders, lawyers, bankers all who had a hand in Enron's scam to fool so many people while hurting the economy (especially California).
Likewise, when the actual hearings are presented against Enron it's great to see all these losers squirm and try to save their own hide all the while the evidence is presented right in their face.
It's a good movie too because it serves as a moral lesson of what can happen, will happen and has happened with other corporations.
Rating: -
It should be required viewing for every MBA student in the country, as well as every member of the US Congress. It could happen again in our lifetime if we do not learn the lessons of the past. I have now seen this documentary three times and still find it riveting!
Rating: -
(1) Enron: The Smartest Guys in the Room is a 2005 documentary film based on the best-selling 2003 book of the same name by Fortune reporters Bethany McLean and Peter Elkind, a study of one of the largest business scandals in American history.
(2) The film examines the collapse of the Enron Corporation, which resulted in criminal trials for several of the company's top executives; it also shows the involvement of the Enron traders in the California electricity crisis.
(3) The film features voice clips from Enron employees discussing the movement of electricity from the state of California into places in other states . California had signed legislation allowing for a free market in energy. As a response to this, Enron created a demand by causing blackouts across the state. Following this the price of electricity sky-rocketed, right in time for Enron to ship back the energy they took out of California back into California, making billions upon billons of dollars in profits. The controllers who were doing this discussed how much energy they had transferred knowing full well that it was going to blackout the cities in California.
(4) With a goal derived from the pursuit of profit, Enron employees were constantly told to break laws or perform acts that could be considered immoral. Few Enron employees ever came forward to report the corruption. As the company sank, people came forward resulting in some of the Enron executives selling their shares while telling employees to keep their shares
Nice documentary.
regards, Vikram
Rating:  -
Sorry, but I write in Spanish.
Excelente documental para comprender acerca del manejo en Gobiernos Corporativos y la importancia de los estados financieros... Personalmente lo utilizo para dictar clases.
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