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.
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. The former Global Exchange activist founded CIVIC (Campaign for Innocent Victims of Conflict), which worked to help the victims of the war in Iraq. She died in Iraq on April 16, 2005, the victim of a suicide bombing. See more
[Q&A session with employees
All right, we are down to questions. And I got a few up here.
[reads question from the floor
'I would like to know if you are on crack, if so that would explain a lot. If not, you may want to start because it's going to be a long time before we trust you again.'
References Body Heat
Son of a Preacher Man
Written by John Hurley and Ronnie Wilkins
Sony/ATV Tree Publishing
Performed by Dusty Springfield
Courtesy of Atlantic Recording Corp.
By Arrangement with Warner Strategic Marketing
Courtesy of Mercury Records Limited under license from Universal Music Enterprises See more