Reaction paper on enron the smartest guys in the room
The film titled, enron, the smartest guys in the room, is a phenomenal examination of an organization that in all likelihood started out to perform ethically but, after a modification in design and moral decision-making, it evolved into an organization based upon greed and performance no matter what cost. Essay #2: enron for this essay, you will need to watch the film, enron: the smartest guys in the room the film is produced by magnolia home entertainment. Unfortunately, by that time they had already wrecked the lives of many innocent, loyal people: the poorest guys and gals in the room enron: the smartest guys in the room directed by alex gibney. Enron: the smartest guys in the room reaction paper enron was the sixth largest energy company in the world at its height claims of over $100b revenues with 20,000 employees, enron became the seventh largest corporation in america, and represented a new breed of business.
Reaction paper reaction paper the section 4 making external forces that affect organization is the topic we discuss some of the forces impacting your small business are more challenging to master than others. The smartest guys in the room the amazing rise and scandalous fall of enron by bethany mclean and peter elkind paper that committed osprey to pay a ﬁ xed return to the untrained eye, this. Smartest guys in the room- analysis the movie centers on the company enron corporation , which went bankrupt in the year 2001 leaving hundreds of its staffs unemployed and thousands of its investors bereft.
Answer the following questions based on the film enron: the smartest guys in the room (2005) 1 (a) describe the ownership structure at enron. The thing i liked most about this documentary was the fact that it focused on the guys at the top, the self-proclaimed smartest men in the room, the so-called geniuses who knew the energy business so much better than the rest of the industry. The bankruptcy of enron led to many subpoenas amongst executives of enron, arthur anderson (enron's accounting firm and the largest in america), and further investigations into the paper shredding incident and how this happened in the first place. The smartest guys and the ceos of enron, who created the offshore companies in order to cover misleading bookkeeping practices, were kenneth lay, the chairman and chief executive officer of the corporation, jeffrey skilling, the president, chief operating officer and ceo, and another ceo, andrew fastow.
At its height, enron was the sixth largest energy company in the world it claimed annual revenues of $100 billion, employed over 20,000 people, became the seventh largest corporation in america, and represented a new breed of business. Forget enronadd nobel prize winner, economist milton friedman, to the list of smartest guys in the room, who said, did, and taught the dumbest things and just what did friedman say in 1970, that american leaders in 2015, have become so infatuated with. The most chilling section of enron: the smartest guys in the room covers the energy crisis and rolling blackouts in california, engineered in part by enron traders exporting power from the state. This is not a political documentary it is a crime story no matter what your politics, enron: the smartest guys in the room will make you mad 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.
Re: enron: the smartest guys in the room enron: the smartest guys in the room is a movie about one of the us largest corporations, enron, that went bankrupt in 2001 the movie starts with the story of enron corporation founder who was the chief executive officer of houston natural gas, kenneth lay. Enron: the smartest guys in the room chronicles a corporate disaster in which top executives from the seventh largest us company walked away with over one billion dollars. In viewing “enron: the smartest guys in the room” it was clear that all three of these flaws contributed to the demise of enron, but it was the synergy of their combination that truly let enron to its ultimate path of destruction.
Reaction paper on enron the smartest guys in the room
Today's paper news ‘arrogance’ ‘small-town insecurity’ alex gibney’s “enron: the smartest guys in the room” continues this trend the smartest guys in the room will. Enron: the smartest guys in the room i review of the documentary enron: the smartest guys in the room is a documentary that was produced in 2005 as a reflection of the 2003, bestselling book with the same name the documentary was written by bethany mclean and peter elkind. 'the smartest guys in the room' tells some of the story of enron's collapse: and it's a compelling tale, although i found the use of background music rather annoying (the story is divided up into titled sections, with each section being the name of a song, which feels rather heavy-handed and obvious.
- Enron: the smartest guys in the room the documentary film, enron: the smartest guys in the room , is a story about the greed in corporate america that is always exposed after the fact the film examines the 2001 collapse of enron.
- Enron - the smartest guys in the room structure 5 questions 10 minutes/question we will introduce, then it is left to the floor consideration vis-à-vis model answers.
- Sample reaction paper goodwill hunting enron: the smartest guys in the room the documentary film, enron: the smartest guys in the room, is a story about the greed in corporate america that is always exposed after the fact.
My summary of enron: the smartest guys in the room - it may seem like old news, but it's still important, and it's a film worth watching it was a house of cards what we didn't know was that the house of cards had been built over a pool of gasoline. Enron: the smartest guys in the room in the movie jeff skilling suggest that money is the only thing that motivates people, and i agree with him money might not directly motivate everybody but it plays a part in everybody’s motivation. Enron corporation was an energy, commodities, and service company out of houston, texas founded by kenneth lay in 1985 lay built natural gas power energy in east texas which helped enron’s stock rise. 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.