Enron: The Smartest Guys in the Room movie plot

2022-01-15 08:01
How did a group of extremely smart senior managers link up the seventh largest company in the United States and easily take away billions of dollars, leaving investors with no return and tens of thousands of employees losing their jobs.
The Enron case has had a huge impact. Not only did Arthur Andersen, one of the world's top five accounting firms, have its license revoked by the US Securities and Exchange Commission, it also severely injured the internationally renowned McKinsey consulting firm within five years. It also allowed all business schools to change their minds and clamor for the supremacy of profits. In addition, re-teaching "ethics and morals" to MBA students. Major companies around the world have also taken "corporate governance" to the sky, hoping to win back the trust of investors. However, the Enron storm has not yet closed the case, and the climax may hit Wall Street again   .
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  • Rodrigo 2022-04-23 07:03:47

    There is no cross-class empathy, and each class will only defend its own interests. Senior executives only rationalize their own criminal behavior, how can they think about the interests of ordinary employees and the general public? The part of California power is simply: as long as you can make money, you can bring down California.

  • Leo 2022-04-23 07:03:47

    "diffusion of responsibility"/

Enron: The Smartest Guys in the Room quotes

  • Kenneth Lay: [Q&A session with employees] All right, we are down to questions. And I got a few up here.

    [reads question from the floor]

    Kenneth Lay: '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.'

  • Jeffrey Skilling: Oh I can't help myself. You know what the difference between the state of California and Titanic? And this is being webcast, and I know I'm going to regret this - at least when the Titanic went down, the lights were on.

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