Has anyone seen this movie yet? I saw it at a special screening at my university attended by the director of the documentary. I highly recommend seeing this if you can go out and rent it or buy it.
Enron: The Smartest Guys in the Room
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judasmachine
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Whoozyerdaddy
Lifer
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I hadn't heard of it, but now I'm heading out to find a copy to watch. I hope it's as good as 'Why We Fight'. Just saw that last night and it was one of the better documentary style films I've ever seen. If I ever get a world problems or current affairs class to teach instead of pure history (and maybe even if I don't) it's going to be a major focus of some assignment.
Considering 95% of the crime committed occured under Clinton, and the Bush admin is the one that uncovered the scandal and put them in jail...I'd say they did a better job on Enron than Clinton.
I'm sorry, but this is pathetic. Because they were covering up their fraud during the Clinton administration, it was somehow Clinton's fault? And because they got exposed under Bush he's somehow the cause of them gettting caught?
I can assure you that if Bush were not in office, Kenny Boy would be serving prison time.
I was headhunted by a branch of Enron...didn't take the position.
But I do have to say, the people that interviewed me were all highly intellectual, had impressive resumes, and very interested in making as much money as humanly possible. Many of them had re-located from across the country for the opportunity to work at Enron. Some of them bordered on rabid in their description of what they felt the opportunies were there. The interviews were HARD - quantitiive problems I was expected to solve off the cuff, a bunch of theory problems, and a lot of verbal "how would YOU approach this situation...".
I am very much looking forward to seeing the movie...but I can tell you, as a company it DID seem to be full of the kind of person that thinks of themselves as "brightest person" in any room...
Future Shock
But I do have to say, the people that interviewed me were all highly intellectual, had impressive resumes, and very interested in making as much money as humanly possible. Many of them had re-located from across the country for the opportunity to work at Enron. Some of them bordered on rabid in their description of what they felt the opportunies were there. The interviews were HARD - quantitiive problems I was expected to solve off the cuff, a bunch of theory problems, and a lot of verbal "how would YOU approach this situation...".
I am very much looking forward to seeing the movie...but I can tell you, as a company it DID seem to be full of the kind of person that thinks of themselves as "brightest person" in any room...
Future Shock
- Aug 23, 2003
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The Bush administration spearheaded the deregulatory actions that allowed Enron to bilk billions from consumers. Ken Lay was a poster boy for deregulation, he was tight with the Bush family, and he saw his agenda gain muscle after the 2000 election.
Whoozyerdaddy
Lifer
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I don't believe that Enron was the product of any specific administration's policies. They perpetrated their business under Clinton and under Dubbya before finally being found out. They were just an immorally run corporation that used phony accounting practices to create fictional profits that never materialized.
Ken Lay will go down. There is already an impressive list of convictions and people who have turned over and agreed to testify against Lay, Skilling and the others. It will take time though. This is not a liquor store hold up caught on tape. It's an incredibly complex situation that will and has require/d years of careful preparation and prosecution.
Enron is not a political issue as far as I'm concerned. I don't blame Clinton or Bush for what these jokers did. This was a screw job perpetrated by people who were taking advantage of a rocketing stock market and an investment popualce that didn't care if the numbers were real so long as they were making money; a stock market that valued a company's stock by its theoretical potential regardless of what the actual numbers looked like. Throw in the Enron heads who were cooking the books, a complicit accounting firm blinded by the Enron view of doing things and a bunch of overly aggressive middle management types who were in a corporate culture specifically designed to harness their basest instincts to screw everyone to make a buck and there ya go... Enron.
Just finished watching the movie. Man - I hope Lay and Skilling spend some serious time in PMITA prison. No CEO could be the complete idiot they professed to be. I'm glad Fastow rolled on them.
I thought the asian guy that ran off with the stripper and 150 million was kinda funny though
I thought the asian guy that ran off with the stripper and 150 million was kinda funny though
Rented it from Blockbuster a couple of weeks ago. Check out the extras, too. More footage and interviews.
Those traders were complete bastards, weren't they?
Enron really stuck it to California and all of its employees. Skilling, Lay, Fastow, etc. should all serve time doing hard labor.
Those traders were complete bastards, weren't they?
Enron really stuck it to California and all of its employees. Skilling, Lay, Fastow, etc. should all serve time doing hard labor.
Whoozyerdaddy
Lifer
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I bought it tonight and watched it again.
It dawned on me when they got to the California part... People died because of what they did. :Q
No, I'm not blaming Clinton, but he's basically implying Bush was complicit with the Enron scandal, when in fact Bush wasn't even in power when the crimes took place.
Whoozyerdaddy
Lifer
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I remember stories about some older people dying during the blackouts... lack of AC and such. It's been a while and I may have my facts mixed up but I seem to remember that.
It's a depressing documentary. The Bush administration did play a role - for example, Dumbya appointing Ken Lay's hand-picked guy to FERC, who then refused to intervene when Enron was raping California.
judasmachine
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Haven't watched it yet, still in netflix queue. But I fail to see how it's a president's fault at all by way of the office, however Bush was one of Lay's buddies was he not?
Bush did magnify the problem in california (the energy crisis) by refusing to curtail Enron's raping of that state via their manipulation of the energy market. but the basic problem with enron seems to be that it was a house of cards, not really making or producing anything of value, and basically using creative (illegal) accounting practices to give the impression it was making huge profits.
I had a chance to see this. I thought it was fantastic. That Pi guy that cashed out with 350million, left his wife for the stripper, and moved to Hawaii was the smartest guy out of them all!
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