Friday, 24 January 2014

ENRON: THE SMARTEST GUYS IN THE ROOM


Ask why?

'Enron dives from the seventh largest US company to bankruptcy in less than a year in this tale told chronologically. The emphasis is on human drama, from suicide to 20,000 people sacked: the personalities of Ken Lay (with Falwellesque rectitude), Jeff Skilling (he of big ideas), Lou Pai (gone with $250 M), and Andy Fastow (the dark prince) dominate. Along the way, we watch Enron game California's deregulated electricity market, get a free pass from Arthur Andersen (which okays the dubious mark-to-market accounting), use greed to manipulate banks and brokerages (Merrill Lynch fires the analyst who questions Enron's rise), and hear from both Presidents Bush what great guys these are.' - Review of the film on IMDb by jhailey@hotmail.com>

WHY THIS FILM?
Enron happened because people did not 'Ask Why?'

It is a sordid tale of deceit, greed & an unholy nexus between company executives & politicians; a nexus that robbed people working for Enron & Aurther Anderson of their future & their savings. The evil streak within the main protagonists raises its ugly head in an environment that was conducive for a takeover by avarice. Ethics are absent as greed takes over. It is shameful to note that even the President of America is not immune from this malaise; in as much as he helps Lay in his endeavor of deceit fed by greed. 

A crisp & well made movie; a must watch even if one is not a student of Business Ethics!

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