Enron the smartest guys in the room video

#Enron the smartest guys in the room video movie
#Enron the smartest guys in the room video full
#Enron the smartest guys in the room video free

Using tape recordings of Enron traders on the phone with California power plants, the film chillingly overhears them asking plant managers to 'get a little creative' in shutting down plants for 'repairs.' Between 30 percent and 50 percent of California's energy industry was shut down by Enron a great deal of the time, and up to 76 percent at one point, as the company drove the price of electricity higher by nine times. There was never a shortage of power in California. The most shocking material in the film involves the fact that Enron cynically and knowingly created the phony California energy crisis. It is best when it sticks to fact, shakier when it goes for visual effects and heavy irony. It is assembled out of a wealth of documentary and video footage, narrated by Peter Coyote, from testimony at congressional hearings, and from interviews with such figures as disillusioned Enron exec Mike Muckleroy and whistle-blower Sherron Watkins. The documentary is based on the best-selling book of the same title, co-written by Fortune magazine's Bethany McLean and Peter Elkind.

#Enron the smartest guys in the room video movie

The movie argues that it was a con game almost from the start. There is a general impression that Enron was a good corporation that went bad. It tells the story of how Enron rose to become the seventh largest corporation in America with what was essentially a Ponzi scheme, and in its last days looted the retirement funds of its employees to buy a little more time.

No matter what your politics, 'Enron: The Smartest Guys in the Room' will make you mad. You are a business student and will someday work for a company or own a business.Enron: The Smartest Guys in the Room (2005) In light of the вЂњmarket-to-marketвЂќ accounting that enabled Enron to basically record any profit it wished to record, can you understand why some of the cornerstones of financial accounting are вЂњconservatismвЂќ and вЂњrecording transactions at historical costвЂќ?ДЎ0.How did employees of Enron (and employees of the utilities company in Oregon) end up losing billions in retirement funds?ДЎ1. The reporter from Fortune magazine asked the question, вЂњHow does Enron make its money?вЂќ Why should every employee and manager (at every company) know the answer to this question?Д©. Do you think people weigh the potential costs of acting unethically with the potential benefits?ДЁ. What was your reaction to the psychology experiment shown in the DVD? Studies have shown that unlike the traders at Enron (who received large bonuses), most employees really have very little to gain from following a superiorвЂ™s directive to act unethically. In general, do you think people stop to think about how their actions will affect other people, (e.g., the elderly in California who suffered due to electricity blackouts) or do they just вЂњdo their jobвЂќ?Д¦. Why do you think some people can so easily justify (at least to themselves) their unethical behavior?ДҐ. Do you think you could be tempted to follow along if the leadership at your company had the same mentality as the leadership at Enron, or do you think you would have the courage to вЂњjust say noвЂќ or even be a whistle-blowerвЂќ?Д¤. How important is the вЂњtone at the topвЂќ (the tone set by company leadership? Why?ДЈ. Do you think such behavior is common at other companies or do you think this was a fairly isolated event? Why?Дў. Your completed assignment should be about 3 1/2 вЂ“ 4 pages in length.ДЎ. Use complete sentences and treat each question as a short essay. All answers are to be typed into this word document.

#Enron the smartest guys in the room video full

If you answer just вЂњYesвЂќ or вЂњNoвЂќ or in simple short phrases, you will not receive full credit. extra credit possible, depending on how thorough your answer is.

#Enron the smartest guys in the room video free

Here are some additional sites that may give free access to the above documentary (some may have subtitles though):Д®ach question below is worth 3 pts. $2.99 at You Tube, Vudu, Amazon Video, or Google Pay Movies & TV. Watch the movie Enron: The Smartest Guys in the Room(Magnolia Home Entertainment, 2005, Los Angeles, California).