![enron the smartest guys in the room analysis enron the smartest guys in the room analysis](https://www.coursehero.com/thumb/24/07/240767b0fcdc9cb97ac6ca98f7b3aaf718165fd1_180.jpg)
![enron the smartest guys in the room analysis enron the smartest guys in the room analysis](https://m.media-amazon.com/images/I/91xkQm+5JiL._SL1500_.jpg)
At the very moment the claim has been done, they should have known that the organization was bankrupt, inflated its earnings, been worthless for months and overshadowed its losses through so corrupt bookkeeping procedures that venerable accounting firm of Arthur Anderson was demolished in the aftermath. According to its top executives, Kenneth Lay and Jeffrey Skilling, It was the best energy company in the world.
#Enron the smartest guys in the room analysis movie
From the very beginning, the movie claims that it was a con game. There is a general feeling that Enron was a good organization at first and finally turned up to be worst. He robbed his workers’ pension funds to purchase a little more time in his last days. It depicts the story of how Enron rose to be the 7th largest corporation in America with what was mainly Ponzi scheme. No matter what is your stand on politics, “Enron: The Smartest Guys in the Room” will make your anger to rise. This is not a documentary about politics. Televised taking the perp walk in handcuffs, both he and Lay face criminal trials in Texas. Then he suddenly resigns, but not quickly enough to escape Enron’s collapse not long after. Toward the end, he sells $200 million in his own Enron stock while encouraging Enron employees to invest their 401K retirement plans in the company. The movie uses in-house video made by Enron itself to show Lay and Skilling optimistically addressing employees and shareholders at a time when Skilling in particular was coming apart at the seams. It was McLean who started the house of cards tumbling down with an innocent question about Enron’s quarterly statements, which did not ever seem to add up. It is best when it sticks to fact, shakier when it goes for visual effects and heavy irony. It is assembled out of a wealth of documentary and video footage, narrated by Peter Coyote, from testimony at congressional hearings, and from interviews with such figures as disillusioned Enron executive Mike Muckleroy and whistle-blower Sherron Watkins. The documentary is based on the best-selling book of the same title, co-written by Fortune magazine’s Bethany McLean and Peter Elkind.