Enron: The Smartest Guys in the Room (2005) Synopsis

The story of Enron, the energy company, and its rise and inglorious fall. We see its origins in the 1980s, how it was set up with energy deregulation in mind, and how it profited off the deregulation. We see how it took accounting practices to the extremes, to the point that the senior executives were cooking the books. There is also coverage of the unethical practices of Enron' traders, particularly in the California electricity market. In the end it all comes crashing down, losing everyday, law-abiding employees their jobs, savings and pensions.—grantss

The story of Enron, the energy company, and its rise and inglorious fall. We see its origins in the 1980s, how it was set up with energy deregulation in mind, and how it profited off the deregulation. We see how it took accounting practices to the extremes, to the point that the senior executives were cooking the books. There is also coverage of the unethical practices of Enron' traders, particularly in the California electricity market. In the end it all comes crashing down, losing everyday, law-abiding employees their jobs, savings and pensions.—grantss

Published Time: 2020-11-12 15:35:27