Above all, it’s a fascinating human drama that will prove to be the authoritative account of the Enron scandal. Smartest Guys in the Room is a story of greed, arrogance, and deceit-a microcosm of all that is wrong with American business today. It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. Drawing on a wide range of unique sources, the book follows Enron’s rise from obscurity to the top of the business world to its disastrous demise. 26 quotes from The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron: Never, ever do the easy wrong instead of the harder right. Meticulously researched and character driven, Smartest Guys in the Room takes the reader deep into Enron’s past-and behind the closed doors of private meetings. Now, McLean and Elkind have investigated much deeper, to offer the definitive book about the Enron scandal and the fascinating people behind it. But that was before Fortune published an article by McLean that asked a seemingly innocent question: How exactly does Enron make money? From that point on, Enron’s house of cards began to crumble. Remarkably, it was just two years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price. Today, Enron is the biggest business story of our time, and Fortune senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein. And thirty years later, if you’re going to read only one book on Watergate, that’s still the one.
#Enron the smartest guys in the room full
The film comes to a harrowing denouement as we hear Enron traders ringing hundreds of millions of dollars in profits out of the California energy crisis and as a result, we come to comprehend how the unimaginable excess of the Enron hierarchy had such a shocking and profound domino effect that may shape the face of the economy for years to come.There were dozens of books about Watergate, but only All the President’s Men gave readers the full story, with all the drama and nuance and exclusive reporting. In a hyper-competitive environment, Enron traders resort to all kinds of underhanded dealings in order to make money at any cost and keep their high-paying jobs.īased on the best-selling book of the same name by Fortune reporters Bethany McLean and Peter Elkind, Alex Gibney incredibly reveals how top executives of America’s seventh-largest company walked away with one billion dollars leaving investors and employees with absolutely nothing. The company is linked with several illegal schemes, including instigating the California energy crisis as a way to drive up utility prices at the expense of the average American. The film reveals the manner in which human greed led to the rise and eventual downfall of Enron with numerous employees, shareholders, consumers, and other stakeholders losing out in the process. The entire story of how Enron Corporation, one of the world’s major energy giant, collapsed is beautifully portrayed in the 2005 documentary film called The Smartest Guys in the Room which is based on the best-selling 2003 book of the same name, written by Fortune reporters Bethany Mclean and Peter Elkind. This documentary explores the fall of the Enron Corporation, arguably the most shocking example of modern corporate corruption. Enron: The Smartest Guys in the Room is essentially a morality saga about America’s largest ever scandal on bankruptcy. 19:00 – interactive discussion led by Professor Ian Thomson, Director of the Lloyds Centre for Responsible Business (exploring themes such as ‘ who else was to blame?’, and ‘ Were Enron pushed into an irresponsible position?’).17:00 – Guests take their seats, are welcomed to the event and introduced to the documentary.Birmingham Business School are delighted to invite staff and students to a film screening of Enron: The Smartest Guys in the Room, followed by a drinks reception, on Monday 18 March at 5pm.
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