Now, he says, his retirement fund is worth about $1,200. Sidney Poitier’s 7 Most Memorable Performances, All Harry Potter Movies Ranked Worst to Best by Tomatometer. Were it pure fiction, Enron would entertain like a great heist picture, brilliantly orchestrated to the last detail, but the real-life fallout is so far-reaching that film registers as monumentally sad. Movie reviews for Enron The Smartest Guys In The Room. If there was ever a corporation that needed more regulation, that corporation was Enron. 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. Toward the end, he sells $200 million in his own Enron stock while encouraging Enron employees to invest their 401K retirement plans in the company. goes a long way to explain exactly why Enron imploded. By creating an account, you agree to the Privacy Policy No matter what your politics, "Enron: The Smartest Guys in the Room" will make you mad. Abstract This is a review of the movie, Enron: The Smart Guys in the Room. Jan 17, 2006 3:00 AM EST Enron spent 16 years building up $65 billion in assets. The movie argues that it was a con game almost from the start. The paper analyses the themes that contributed to the downfall of Enron. It was McLean who started the house of cards tumbling down with an innocent question about Enron's quarterly statements, which did not ever seem to add up. Online reviewers have written 562 reviews, giving Enron: The Smartest Guys in the Room (2005) an average rating of 80%. Overall, cinema-goers and film critics broadly agree on the merits of the movie, with critics giving it an average score of 82% and users giving an average score of 82%. Sign up here. A fun and demoralizing roller-coaster ride that will whet appetites for the Lay and Skilling debut in court as The Most Nervous Guys in the Room. What did Enron buy and sell, actually? Strange, that there has not been more anger over the Enron scandals. ", One Enron tactic was to create phony offshore corporate shells and move their losses to those companies, which were off the books. The Crooked E is a fairly entertaining story (key word being story) of Brian Cruver and his experiences in the year he worked at Enron. Reflections from the Toronto Film Festival (Virtual Edition 2020) Fantasia Film Festival (Reviews from the 2020 Edition) Films I Neglected To Review: Take A Picture, It'll Last Longer. We're shown a schematic diagram tracing the movement of debt to such Enron entities. Enron: The Smartest Guys in the Room Economics - 110 min - ★ 7.95 At this writing in early 2006, the principal players in the...; In Debt We Trust Economics - 98 min - ★ 6.94 In Debt We Trust shows how the mall replaced the factory as...; I.O.U.S.A. As the company goes belly up, 20,000 employees are fired. Get the freshest reviews, news, and more delivered right to your inbox! If the crisis had been created by Al Qaeda, if terrorists had shut down half of California's power plants, consider how we would regard these same events. Latest Features. The Mandalorian Chapter 16 Recap: May the Force Be With You, The Essential Fellini is a Wonderful Gift for Cinephiles, Nomadland Leads 2020 Chicago Film Critics Nominations, The Godfather Coda: The Death of Michael Corleone. It is best when it sticks to fact, shakier when it goes for visual effects and heavy irony. But, although it had more … Skilling and Lay were less than circumspect at times. McLean and Elkind are credited as writers of the film alongside the director, Alex Gibney. One accounting tactic was called "mark to market," which meant if Enron began a venture that might make $50 million 10 years from now, it could claim the $50 million as current income. Gibney's movie shows how the top brass at Enron realised what was happening, but … Lily James and Sebastian Stan Starring as Pamela Anderson and Tommy Lee in Hulu Drama Series? Today, Corporate America may pay lip-service to the term "ethics," but the men and women at the top don't understand or care about the definition. Electricity? There is a general impression that Enron was a good corporation that went bad. Televised taking the perp walk in handcuffs, both he and Lay face criminal trials in Texas. This essential documentary skillfully maps out the shady "mark to market" accounting device that the men who called themselves "the smartest guys in the room" used to commit corporate fraud on a colossal scale. Roger Ebert was the film critic of the Chicago Sun-Times from 1967 until his death in 2013. Yass." Enron: The Smartest Guys In The Room The collapse of the Enron corporation in 2001 — following a series of accounting irregularities and apparent corruption — sent shockwaves through the … The Amazing Rise and Scandalous Fall of Enron, by Bethany McLean and Peter Elkind. Enron Scandal Movie Review The Crooked E The Crooked E: The Unshredded Truth about Enron Scandal is a television movie that was broadcasted by CBS TV an American television broadcasting company in January 2003 (Cruver, 2003). At the end of it all, the audience feels exhilarated and outraged, and you bet we're concerned that it could happen again. At the time they made that claim, they must have known that the company was bankrupt, had been worthless for years, had inflated its profits and concealed its losses through bookkeeping practices so corrupt that the venerable Arthur Anderson accounting firm was destroyed in the aftermath. All rights reserved. A fter the high praise earned in Chichester, there was always the lurking fear the Enron bubble might burst on transfer. Enron... is a film of tragic proportions; it sheds light on the venal humanity that led to more than a giant corporate fall - a human tragedy. Two of the companies are named "M. Smart" and "M. Peter Bradshaw: The fall of Enron makes for a cracking documentary. ‎Enron: The Smartest Guys in the Room (2005) directed by Alex Gibney • Reviews, film … These "companies" were named with a reckless hubris: One stood for "Maxwell Smart" and the other one ... well, take out the period and put a space between "y" and "a.". Rating: 5. Enron Corporation was an American energy company based in Houston Texas. Fascinante do início ao fim, expõe o caso Enron e todas as suas complexas implicações de maneira didática e bem-humorada, funcionando, ainda, como um fantástico estudo sobre a natureza humana. Last modified: November 17, 2020. BUSA 2106: Movie Review EC Paper Directions: Assuming that you are eligible for extra-credit based on my attendance policy, you may submit a movie review paper for up to 10 extra credit points added to your lowest midterm exam grade. Films I Neglected to Review: All The Hits Films I Neglected To Review: The Docs Are In Films I Neglected To Review: david&david Films I Neglected To Review: Lions and Zombies and Angst--Oh My! 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. This is not a political documentary. The film shows how it happened. An expose on how greed, pride, and self-preservation instincts goad ambitious people to the outer capacities of deception and immoral behavior. Under Debt. It has that kind of impact, without resorting to any of Michael Moore's below-the-belt tactics. Natural gas? Their pensions are gone, their stock worthless. 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. If you aren't, maybe you should be. A movie review by James Berardinelli Enron: The Smartest Guys in the Room is truly a tale for our time. It's interesting in that it gives some insight to what it was like to work there, the cult of personality that existed and how the employees (for the most part) blindly followed Management into the abyss. 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