Enron: The Smartest Guys In The Room
` Enron: The Smartest Guys in the Room
The movie, Enron: The Smartest Guys in the Room, is a classic story about corporate America's greed an deceit that was discovered after the demise of Enron. The collapse of Enron was one of the largest bankruptcy in history and the movie captures the culture of money and politics involved in big American corporations. The film did a very good job portraying the culture that allowed Enron to become one of the largest corporations in America while hiding the fraud behind the facade of success. It also showed the rise and fall of the companies stock price and the lies behind the companies success which drove their stock price above and beyond. The movie does a great job of building on how Enron …show more content…
The film also talks about Lou Pai's personal life and his maneuver of turning $250 million into personal earnings before the collapse of Enron. The worst part about him is that shareholders did not get to claim that money because at the time he left the company there was no way to truly investigate his motions and became the least harmed executive by the collapse of Enron. The movie focuses on the scandal after scandal that different employees involved in each. Ken Lay was depicted as a do gooder while looting the shareholders right under their noses. Although the movie doesn't make any clear allegations of political wrong doing it did highlight some interesting relationships such as Bush and Schwarzenegger.
Lay's belief in deregulation and his push for free-markets allowed Enron's stock price to rise even further. At the peak of the film Lay and Skillet were shown speaking to their Enron employee's. Up to the point that Skilling retired he always reported positive results to employee's no matter what the stock price was. Lay also addressed the employee's during the fall of the stock price during the investigation and reported good news during the time he had sold about $25 million in
The movie, Enron: The Smartest Guys in the Room, is a classic story about corporate America's greed an deceit that was discovered after the demise of Enron. The collapse of Enron was one of the largest bankruptcy in history and the movie captures the culture of money and politics involved in big American corporations. The film did a very good job portraying the culture that allowed Enron to become one of the largest corporations in America while hiding the fraud behind the facade of success. It also showed the rise and fall of the companies stock price and the lies behind the companies success which drove their stock price above and beyond. The movie does a great job of building on how Enron …show more content…
The film also talks about Lou Pai's personal life and his maneuver of turning $250 million into personal earnings before the collapse of Enron. The worst part about him is that shareholders did not get to claim that money because at the time he left the company there was no way to truly investigate his motions and became the least harmed executive by the collapse of Enron. The movie focuses on the scandal after scandal that different employees involved in each. Ken Lay was depicted as a do gooder while looting the shareholders right under their noses. Although the movie doesn't make any clear allegations of political wrong doing it did highlight some interesting relationships such as Bush and Schwarzenegger.
Lay's belief in deregulation and his push for free-markets allowed Enron's stock price to rise even further. At the peak of the film Lay and Skillet were shown speaking to their Enron employee's. Up to the point that Skilling retired he always reported positive results to employee's no matter what the stock price was. Lay also addressed the employee's during the fall of the stock price during the investigation and reported good news during the time he had sold about $25 million in