Enron: The smartest guys in the room (documentary)

A remarkable documentary which packages the events of the scandal into a cohesive story.
Unbelievable footage of employees reveals unbridled greed, lust for risk-taking, and guiltless cheating, all while thinking they could never be caught.

Submitted by working class … on January 15, 2012

This searing examination of the Enron accounting scandal reveals the psychology of greed and corporate corruption that facilitated the company's rise to power and also its fall. When Enron went bankrupt in 2001, the principals walked away millionaires - but later faced legal proceedings and jail sentences. Meanwhile, many employees and investors were left with nothing, not even their retirement savings. Shedding light on the new economy of the 1990s when predictions and book-cooking flourished without actual profits, the film shows how it was not Enron alone but a network of bankers, traders, and accountants who turned a blind eye to the company's clearly suspicious numbers.
[youtube]_xIO731MAO4[/youtube]

Comments

Rob Ray

11 years 2 months ago

In reply to by libcom.org

Submitted by Rob Ray on December 15, 2012

Love the ex-Enron executives sitting in their super-expensive pads talking about how everyone else was to blame.