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. Written by
It's just business.
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Did You Know?
Among the protesters who disrupt the meeting with Jeff Skilling at San Francisco's Commonwealth Club is Marla Ruzicka, who was killed on 16 April 2005 in Iraq by a suicide bomber. She founded CIVIC (Campaign for Innocent Victims of Conflict) which worked to help the victims of the war in Iraq and she was a former Global Exchange activist. See more
You are the only financial institution that can't produce a balance sheet or cash flow statement with their earnings...
You, you, you... Well, uh... thank you very much. We appreciate it... asshole.
References Get Smart
That Old Black Magic
Written by Harold Arlen
and Johnny Mercer
Used by permission of Famous Music Corporation
Performed by Judy Garland
Courtesy of Geffen Records under license from Universal Music Enterprises See more