What is Enron the smartest guys in the room about?

What is Enron the smartest guys in the room about?

What is Enron the smartest guys in the room about? 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 looted the retirement funds of its employees to buy a little more time.

Who were the smartest guys in the room and why?

Who were the smartest guys in the room name 5 executives from Enron and their positions )? 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.

How long is Enron the smartest guys in the room? 1h 50m
Enron: The Smartest Guys in the Room/Running time
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What is Enron the smartest guys in the room about? – Related Questions

What type of accounting treatment was Enron granted in the video the smartest guys in the room?

mark-to-market accounting
Lay hires Jeffrey Skilling, a visionary who joins Enron on the condition that they use mark-to-market accounting, allowing the company to record potential profits on certain projects immediately after contracts were signed, regardless of the actual profits that the deal would generate.

Who is the smartest man on earth?

To those who knew of his son, William James Sidis was quite possibly the smartest man who ever lived. Born in Boston in 1898, William James Sidis made the headlines in the early 20th century as a child prodigy with an amazing intellect. His IQ was estimated to be 50 to 100 points higher than Albert Einstein’s.

Where is Lou Pai now?

They later moved from Sugar Land, Texas, to Middleburg, Virginia, and opened a second Canaan Ranch there, but as of 2014, it is up for sale. More recently, Pai and his family have moved to Wellington, Florida.

Who was the Enron whistleblower?

Sherron Watkins (born ) is an American former Vice President of Corporate Development at the Enron Corporation.

What did Enron do wrong?

The Enron scandal drew attention to accounting and corporate fraud as its shareholders lost $74 billion in the four years leading up to its bankruptcy, and its employees lost billions in pension benefits.

Who wrote the smartest guys in the room?

Bethany McLean
Peter Elkind
Enron: The Smartest Guys in the Room/Story by
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron is a book by Bethany McLean and Peter Elkind, first published in 2003 by Portfolio Trade.

What year was the film Enron the smartest guys in the room released?

(USA)
Enron: The Smartest Guys in the Room/Release date
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How does Enron make its money?

In 2000, 95% of its revenues and more than 80% of its operating profits came from “wholesale energy operations and services.” This business, which Enron pioneered, is usually described in vague, grandiose terms like the “financialization of energy”—but also, more simply, as “buying and selling gas and electricity.” In

What year did Enron collapse?

2007
Enron/Ceased operations
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Did anyone from Enron go to jail?

A scandal for the ages

What exactly did Andrew Fastow?

Fastow pleaded guilty to two counts of wire and securities fraud and was sentenced to six years in prison. Lay and Skilling were convicted for conspiracy, fraud and insider trading. He’s also speaking more to the media as he did to Fraud Magazine.

Who is Louis Borget?

Louis Borget, president of EOT and Tom Mastroeni, the treasurer, were coming down from their headquarters in Valhalla, New York. They had been called to Houston to answer charges of opening undisclosed bank accounts to conduct unauthorized transactions. Lay had already heard a bit about the controversy.

What is Bill Gates IQ?

Bill Gates is continuously standing number 1 as world billionaire in the world by Forbes magazine. His IQ Test score is 160 IQ, Bill Gates is a billionaire who always contribute to the world and do charity frequently.

What is Albert Einstein IQ?

160 IQ
Albert Einstein likely never took an IQ test but is estimated to have a 160 IQ—but even that can’t stand up to these masterminds.

Who has the highest IQ alive?

Christopher Langan
Christopher Langan
Nationality American
Education Reed College Montana State University–Bozeman
Occupation Horse rancher
Known for High IQ
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What is Jeff Skilling doing now?

Former Enron CEO Jeffrey Skilling reportedly is starting a new venture for investing in the oil and gas industry. Four people familiar with the matter told Reuters that Skilling is raising funds to start Veld LLC and has been meeting with energy investment firms in recent months.

Who killed themselves because of Enron?

John Clifford “Cliff” Baxter
John Clifford “Cliff” Baxter ( – ) was an Enron Corporation executive who resigned in May 2001 before committing suicide the following year.

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