Synopsis:
Enron dives from the seventh largest
US company to bankruptcy in less than a year in this tale told chronologically.
The emphasis is on human drama, from suicide to 20,000 people sacked: the
personalities of Ken Lay (with Falwellesque rectitude), Jeff Skilling (he of big
ideas), Lou Pai (gone with $250 M), and Andy Fastow (the dark prince) dominate.
Along the way, we watch Enron game California's deregulated electricity market,
get a free pass from Arthur Andersen (which okays the dubious mark-to-market
accounting), use greed to manipulate banks and brokerages (Merrill Lynch fires
the analyst who questions Enron's rise), and hear from both Presidents Bush what
great guys these are.
Brian's Rating: C- :
We all remember the Enron thing. It was on the news almost as much as
Princess Diana's car crash. Although, for some reason most of us never remember
the facts about this one due to the fact that the unfolding story was cutoff at
the knees with the 9/11 disaster.
The movie does a good job of journalistic investigation of the case. It is like
watching a Dateline NBC episode. It is almost astounding that a business could
be run the way it was and they could get away with it to the point they did.
However, it is sadly not surprising. In fact, it only makes you wonder what
other crap corporate America is pulling as we speak. I would not say it was an
eye-opener for me, but then again, I am cynical and jaded.
The movie was good enough to keep my attention, although when it was done, I
wish I would have used the time to watch a couple more episodes from BSG: Season
3. However I would recommend it to anybody that wants a good summary of what
happened without having to dig through countless internet articles.
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