Are there any movies about Enron?
Enron: The Smartest Guys in the Room is a 2005 American documentary film based on the best-selling 2003 book of the same name by Fortune reporters Bethany McLean and Peter Elkind, who are credited as writers of the film alongside the director, Alex Gibney.
What was the beginning of the fall of Enron?
As the details of the accounting frauds emerged, Enron went into free fall. Fastow was fired, and the company’s stock price plummeted from a high of $90 per share in mid-2000 to less than $12 by the beginning of November 2001. That month Enron attempted to avoid disaster by agreeing to be acquired by Dynegy.
Who are the two individuals known as the smartest guys in the room?
Enron’s chairman and chief executive officer were Kenneth Lay and Jeffrey Skilling, two supremely arrogant and belligerent men who believed they were the “smartest guys in the room”: that through sheer cleverness and creativity – an unfortunate concept in connection with accounting – they had brought into being the …
Where is Jeff Skilling now?
Today, Skilling is back in Houston, where he is working on a start-up firm in the energy industry, Veld Applied Analytics.
Is Enron still in business?
Enron’s bankruptcy on Dec. 2, 2001, was the largest in U.S. history at the time, ending a stunning fall from grace. The company has become a symbol of corporate fraud, yet it leaves a long legacy of products and services that we take for granted today.
Did anyone go to jail for Enron?
Andrew Fastow, former CFO Fastow, seen as one of the chief architects of using off-book partnerships to conceal billions of dollars of losses and debt, pled guilty to securities and wire fraud in 2004 and was sentenced to six years in prison.
Who are the actors in the movie Enron?
Enron: The Smartest Guys in the Room (2005) – IMDb Enron: The Smartest Guys in the Room: Directed by Alex Gibney. With John Beard, Tim Belden, Barbara Boxer, George W. Bush.
What are the best documentaries about Enron?
Enron: The Smartest Guys in the Room (2005) – IMDb Enron: The Smartest Guys in the Room: Directed by Alex Gibney. With John Beard, Tim Belden, Barbara Boxer, George W. Bush. A documentary about the Enron corporation, its faulty and corrupt business practices, and how they led to its fall.
What are the ethical issues raised in the movie Enron?
There was a vast number of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson, Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures.
What is Enron?
ENRON Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later, selling the energy when prices increased.