Main Content
Sound Added to Your Favorites Soundboard

Log in or create an account to save your favorites, or they'll expire in 4 hours

Error Adding Sound
Error adding sound to your favorites.
Sound Reported
Sound reported and our moderators will review it shortly.
Error Reporting Sound
Error reporting sound. Please use the Contact page.
Home > Enron: The Smartest Guys in...
3 72
Enron: The Smartest Guys in the Room (2005)

Enron: The Smartest Guys in the Room (2005)

"Enron: The Smartest Guys in the Room" is a captivating documentary film that takes viewers behind the scenes of one of the biggest corporate scandals in American history: the downfall of Enron Corporation. Directed by Alex Gibney, the film was released in 2005 and is based on the book of the same name by Bethany McLean and Peter Elkind. Although it is not a movie or television show in the traditional sense, it is a thought-provoking and informative piece of filmmaking that analyzes the rise and fall of Enron.

The documentary features interviews with key individuals involved in the Enron scandal, providing insights into the complex web of corporate greed, corruption, and manipulation. The cast includes former Enron executives, whistleblowers, journalists, and financial experts who offer their perspectives and personal experiences with the company.

One of the central figures in the documentary is Jeff Skilling, the former CEO of Enron. Skilling is portrayed as an ambitious and cunning executive who implemented a series of accounting techniques to manipulate the company's financial statements and overstate its profits. The film delves into Skilling's leadership style and the toxic corporate culture he created within Enron.

Another key figure is Kenneth Lay, the founder and former chairman of Enron. Lay is portrayed as a charismatic and influential leader who was able to deceive investors and the public by promoting a false image of Enron's success. The documentary explores Lay's role in the collapse of the company and his subsequent criminal trial.

Other notable individuals featured in the film include whistleblower Sherron Watkins, who exposed the accounting fraud at Enron, and journalist Bethany McLean, who wrote an article questioning the company's financial practices before its collapse. These voices, among others, shed light on the various aspects of the scandal and the systemic flaws in the corporate world that allowed Enron to thrive.

"Enron: The Smartest Guys in the Room" uncovers the intricate financial schemes and manipulative tactics employed by Enron to inflate its stock price and deceive investors. The documentary uses archival footage, internal company emails, and interviews to provide a detailed account of the events leading up to the company's bankruptcy in 2001.

The film also delves into the devastating consequences of Enron's collapse, including the loss of thousands of jobs, pensions, and life savings of its employees and investors. It explores how Enron's unethical practices contributed to the broader public distrust in corporations and the financial system.

The story of Enron serves as a cautionary tale highlighting the importance of corporate governance, accountability, and transparency. It prompts viewers to question the morality and integrity of those in positions of power and reflects on the ethical responsibilities of corporations.

"Enron: The Smartest Guys in the Room" is a thought-provoking documentary that offers a comprehensive and compelling exploration of the Enron scandal. It serves as a reminder that even the seemingly smartest and most successful individuals can be driven by greed and that the consequences of their actions can have far-reaching effects.

While the documentary may not be available for free playback or download, it is widely available for streaming or rental on various platforms. The film's soundtrack complements the narrative, amplifying the tension and emotions conveyed throughout the documentary.

In conclusion, "Enron: The Smartest Guys in the Room" is a must-watch documentary for those interested in understanding the inner workings of corporate greed and the implications it has on society. Through its engaging storytelling and comprehensive research, the film offers a valuable perspective on the Enron scandal and its repercussions.

A balance sheet or a cash flow statement with their earnings
A billion dollars of their stock in the preceding several months.
A certain kind of accounting known as mark to market.
A core cadre of Enron guys used to go on
A couple of Texas oilmen shared his views
A Democratic Senate forced FERC to impose regional price caps.
A flurry of buy outs in the corporate world...
A hundred and thirty two million dollars is what he made.
A little later today I will.
A lot of people around Washington D.C.
A lot of them were former nerds and including Jeff Skilling.
A new corporate vision.
A new way to deliver energy.
A pall fell over the table.
A reporter with Fortune magazine,
A thousand dollars?
A top executive at one of America's biggest power
A veteran trader, Mike Muckleroy,
About a million dollars or less in liquidity.
About all the ways that the fund is gonna profit.
About Enron the week before.
About is we're wheeling power out of California.
About September the eleventh.
About the president of the company,
About the risks that were taken.
About the traders' behavior.
About the ways human nature is steered by greed
About what the objectives of the company are
About who the guy was who led them there.
Absolutely. Don't you guys agree?
Absolutely. Don't you guys agree?
According to published reports,
Advantage of the government's decision
After Enron's best interests or their limited partners.
After he got a divorce from his wife,
After Skilling resigned, Enron's chairman,
After Valhalla Ken Lay maintained that
Afternoon or evening. And it was scary.
Again over the next year to eighteen months.
Ah, it was to sell energy services to end users,
Ah... at this time there has been a suicide note located.
Alan, with our sincere thanks and admiration,
All of a sudden began to play in the stock market,
All of the Enron executives were saying,
All sorts of questionable things;
All that money you guys stole from those
All the makings of a gigantic scandal.
All the various lies and artifices
All through the summer, the stock continued to decline.
All too easy.
Almost all of the Wall Street analysts
Almost everyone knew the story.
Almost heralding a new era of... of corporate enterprise.
Almost meek individual that maybe these...
Alright, we're down to questions.
Also know as the Valhalla Scandal.
Amanda Martin was one of the first executives hired
America's oldest accounting firm fell along with Enron
Americans are making a lot of money in stocks.
Amounts of consternation all across Wall Street
An arbitrage opportunity has been defined to me
An attorney from Vinson & Elkins,
An established way throughout the 1990's.
An experimental subject and a real experimental subject.
Analysts in April, 2001.
Analysts were routinely getting large bonuses
And a creative trader is a trader
And a trail that led from the company's treasurer,
And about mid way through the session...
And affected everything about how Enron did business.
And afterwards,
And all the guys that were buyin' all this Enron,
And all the top people were movin' their money then.
And all the trinkets
And all the trophies of the world,
And all we know is, they're always good.'
And America's major banks put up as much as $25 million each.
And Andy Fastow turned around and looked at my editor and me,
And Andy Fastow were at working Wall Street,
And Andy is William Hurt.
And appropriate manner possible.
And as a consequence get a five million dollar bonus.
And as a result the price of electricity is
And as a result,
And as long as Enron continued,
And as such he spent hours poring over the new rules
And as that culture emerged,
And as the head of these funds.
And at that point it was no longer
And Barbara's too, that's what really matters.
And before long,
And by necessity,
And Causey and everybody,
And clearly had in mind that things could be better...
And clearly with a company that size
And Cliff came over to my house
And Cliff's issue had nothing to do
And come up with a reason to go down.
And competition in the service of passing on our genes.
And conspiracy to defraud investors.
And convened a meeting of friends
And decided to change himself.
And delivered it herself.
And end of year cash flows.'
And estimated how much they, the two rogue executives made
And everybody on Wall Street was looking for the next big thing.
And everything will turn out fine.
And Fastow had good reasons for not wanting to look bad.
And file workers were frozen.
And find you no matter where you go.
And fixated on a massive public relations campaign
And had a lunch meeting.
And had gone up over 50 percent the year before that.
And had no clue
And he busted a lip and required a bunch of stitches.
And he certainly wanted to please the boss.
And he didn't even have to be that smart,
And he helped promote Lay as
And he idolized Jeff Skilling.
And he just kept saying to me,
And he just took the piece of paper
And he knew that we were in a massive hole.
And he liked other people he thought of as visionaries.
And he looked back at me and he said,
And he looked out the window
And he pushed aggressively in Washington to change all of that.
And he said 'They're calling us child molesters.'
And he said,
And he says,
And he started working out, lost a lot of weight.
And he talks about the informational advantages
And he usually brought some of the traders along with him.
And he was a wonderful, wonderful man.
And he was ordained a Baptist minister
And he would do whatever it took to get them.
And he, throughout his life, worked several jobs as a kid
And help her understand the questions that she was asking.
And here you had Enron,
And high above each with a private staircase,
And his answer was, 'One word, California.'
And how completely artificial
And how different it could be from the way
And how you fit with those objectives.
And I believe we have it ready to go.
And I can't get into the details.
And I don't see that it's at all inconsistent that
And I don't want us to ever be satisfied
And I doubt that's what you're focusing on.
And I feel like I'm being consumed by this company.'
And I guess he had a little more foresight than we did.
And I guess they,
And I had come over to talk about whether or not
And I have to believe that,
And I kept pointing out, well,
And I often think about how clear my memory was about that event.
And I remember I made the comment to him,
And I remember saying to an investor
And I said, 'if you do that,
And I said, 'Jeff, you've got a real problem.
And I spill a little gasoline on myself
And I think it was the battle of holding these
And I think that's something that Enron knew better
And I think the flags
And I thought we didn't have to take over every plant,
And I told him that one of two things was going to happen.
And I want to show you a tape.
And I was concerned about the energy crisis
And I was probably too naive to suspect that it was anything...
And I was trying in the early days
And I'll never forget this.
And I'm excited.
And I'm not an accountant.'
And I'm saying, 'with all due... due respect,
And if deregulation were to collapse,
And if I had done enough homework,
And if I had questions, I didn't ask them,
And if I step on somebody's throat on the way
And if that meant leaving bodies behind him,
And if they came to this administration looking for help
And if they were fired what he could lose.
And if we had anything to do with this,
And in the middle of all this,
And it can happen again.
And it couldn't have just been a few executives
And it fed the whole macho culture of the place.
And it kills the scent.'
And it was all glass enclosed, and you would walk by there,
And it was appropriate?
And it was driven, very clearly,
And it was just almost all the time it was empty.
And it was just... it was very eerie.
And it was that he be allowed to use
And it was... it wasn't anything close to that.
And it wasn't clear from Enron's financial statements that
And it went lower and lower and lower.
And it would allow Fastow to conjure
And it's really a human tragedy.
And its banks for 20 billion dollars.
And its shareholders or with common sense
And Jeff Skilling one day kinda woke up
And Jeff Skilling was a person with the biggest ideas of all.
And Jeff understood those rules better than,
And let them just have a quote free market
And looking at it in a mirror and seeing
And looking, you know, it was, to me,
And Lou Pai dispatched his enemies
And Lou said, 'oh, I've got a secret'.
And M Smart, well so that's Maxwell Smart.
And managed to save the company.
And most were performing terribly.
And nobody there,
And now it's time we terminate Gray Davis.
And of course all hell broke loose.
And of course, as... as you said,
And once in place,