Smartest guys in the room is a story of greed, arrogance, and deceita microcosm of all that is wrong with american business today. Depending on the medium used to access the documentary, you may. The smartest guys in the room makes abundantly clear just how rigged and dishonest the entire system of stock market analysis is. The amazing rise and scandalous fall of enron bethany mclean, author, peter elkind, author.
But the greatest contempt has to be reserved for the enron board. Although persistence was identified as the most influential factor twoyoungmen, 2010, p. The smartest guys in the room by bethany mclean, peter. At the crooked enron, home of the first wall street scandal, the smartest men in the room are exposed as dishonest hustlers. The movie enron smartest guys in the room is about one of the biggest corporation corruptions in the united states. May 30, 20 the smartest guys in the room recounts the rise and fall of enron, the spectacularly fraudulent energy trading company whose 2001 collapse cost investors hundreds of millions of dollars. The other agencies listed are the second, third, or fourth lines of defense against a dishonest or corrupt corporation. Dont show others that you are the smartest person in the room.
The tenthanniversary edition of the definitive account of the enron scandal, updated with a new chapter the enron scandal brought down one of the most admired companies of the 1990s. Pdf the lesson from enron case moral and managerial. View homework help smartest guys in the room from genbus 101 at boise state university. Smartest guys in the room essay example graduateway. Although this is a competition show, only the three guys are competingagainst each other. After reading the ritzer article links to an external site.
The smartest guys in the room mclean and elkind are credited as writers of the film alongside the director, alex gibney. These citations are software generated and may contain errors. The smartest guys in the room is a wellwritten, wellresearched attempt to unravel the financial shenanigans that led to enrons bankruptcy. The smartest guys in the room is a compelling, fastpaced inquiry into the buildup of enron and its very public undoing. Countless books and articles were written about it, but only the smartest guys in the room holds up a decade later as the definitive narrative. And just as all the presidents men was the one watergate book that gave readers the full. Enron, the smartest guys in the room essay example for free newyorkessays database with more than 65000 college essays for studying. This is also what happened in the period leading up to the 2008 great financial crisis. The smartest guys in the room t here should be a gold statue of bethany mclean outside every journalism school in the world. The smartest guys in the room 2005 a documentary about the enron corporation, its faulty and corrupt business practices, and how they led to its fall. This documentary stars john beard, tim belden and others. Citeseerx scientific documents that cite the following paper.
The smartest guys in the room was a documentary film showing the real story of the largest business scandal in the u. Enron the smartest guys in the room links to an external. The amazing rise and scandalous fall of enron mclean, bethany, elkind, peter, nocera, joe on. Released theatrically by magnolia pictures and nominated for an academy award, the film chronicles one of the greatest. The written assessment of enron is due according to syllabus. The smartest guys in the room jeffrey skilling youtube. It reveals as never before major characters such as ken lay, jeff skilling, and andy fastow, as well as lesser known players like cliff baxter and rebecca mark.
The smartest guys in the room contributor names alex gibney director matt hauser, additional steven depalo, chris jordao composer. The smartest guys in the room 2005 rotten tomatoes. Answer each of the following questions in your essay. Smartest guys in the room 1969 words case study example. The smartest guys in the room save the post office. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Enron corporation was an american energy company that before its bankruptcy employed over 20,000 people and was the worlds leader in natural gas, paper and pulp and communications. Investors and subordinates also thought that these top execs were the smartest guys in the room. The smartest guys in the room subtitles 14 subtitles. And if youre going to be a leader if youre a leader and youre the smartest guy in the world in the room, youve got real problems.
The lesson from enron case moral and managerial responsibilities. The smartest guy in the room is literally about the smartest guy in the room, and the room contains three guys. If youre not familiar with the story, id recommend mclean and elkinds 2003 book the smartest guys in the room, andor the cnbc documentary that is based upon the same. In 2005, it was adapted into a documentary film, enron. Cite sources in apa, mla, chicago, turabian, and harvard for. Just as watergate was the defining political story of its time, so enron is the biggest business story of our time. Nov 27, 2009 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 decisionmaking, it evolved into an organization based upon greed and performance no matter what cost. This paper will be based the movie the smartest guys in the room which you will have to watch. The movie goes into depth of what happened from the enron scandal and how the after affects were handled to prevent another national and international disgrace on the u. But a chain of events lead to an enormous shock on the wall street and went down in history as one of the biggest business scandals. Based on the emerging knowledge of coronavirus spread and edicts related to. The film examines the 2001 collapse of the enron corporation, which resulted in criminal trials for several of the companys top executives during the ensuing enron scandal. Some people see the enron saga as a tale of corporate greed run rampant.
Based on the bestselling book of the same name by fortune reporters bethany mclean and peter elkind, enron. How to cite a documentary found online easybib blog. Based on the bestselling book by fortune magazine reporters bethany mclean and peter elkin, and directed by alex gibney who also produced the trials of henry kissinger, the film is an epic morality tale, drawing upon a wealth of. That is advice that many executives impart to their brightest up and comers. The study of influential members of human networks is an important research question in social network analysis. Enron dives from the seventh largest us company to bankruptcy in less than a year in this tale told chronologically. The smartest guys in the room premier customessays. Start studying enron the smartest guys in the room quiz. Download a printerfriendly version of this apa citation style guide pdf. Above all, its a fascinating human drama that will prove to be the authoritative account of the enron scandal.
They are randy, terry and guy, three regularlooking guys whose iqs are 143, 148 and 151 respectively. Basically any principle of business ethics articulated in textbooks on business was violated in the greed fueled pursuit of profits. Even top bankers who approved billions of dollars in loans to enron were intimidated. From the first person i hired, i was never the smartest guy in the room. The smartest guys in the room after reading the ritzer article links to an external site. Book with two authors academic integrity referencing, citation. They failed to see that the worlds big banks had little understanding of the risky trust me paper financial assets on their balance sheets. Enron smartest guys on the room 1573 words 7 pages. They never understood what enron was doing and how it was making money, and they lacked the courage to insist on an explanation. The smartest guys in the room frauds and financial scandals in the business world were before an enrons case and will be after it. I was kind of embarrassed of how little i understood the whole enron situation. Apa style was created by the american psychological association apa.
Enter your mobile number or email address below and well send you a link to download the free. The smartest guys in the room was written and submitted by user graysen k. Nov 05, 2011 indeed, the smartest guys in the room was the title of the 2003 book and later documentary on the fraudulent rise and scandalous fall of enron perhaps the most graphic example of the best and. The smartest guys in the room 2005 directed by alex gibney distributed by magnolia pictures. The smartest guys in the room 1948 words 8 pages enrons ride is quite a phenomenon. The smartest guys in the room is a multidimensional study of one of the biggest business scandals in american history. The emphasis is on human drama, from suicide to 20,000 people sacked. The smartest guys in the room 2005 cast and crew credits, including actors, actresses, directors, writers and more. For this tenth anniversary edition, mclean and elkind have revisited the fall of enron and its aftermath, in a new chapter that asks why enron still matters.
Dec 17, 2006 enron the smartest guys in the room trailer the grey area. Summary of the film the smartest guys in the room free. In march 2001, fortune magazines bethany mclean ran a story about enron, a texasbased energy business that the. The smartest guys in the room, hbos emmywinning going clear. However, the current stateof the art is based on static or aggregated representation of the network topology. 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. Jul 26, 2012 never act like the smartest guy in the room. The amazing rise and scandalous fall of enron from the worlds largest community of readers. The smartest guys in the room was assigned viewing as part of our unit on business ethics and all i can say is wow. Jack welch i was never the smartest guy in the room. Because there was a loose leash over the company, enron took advantage of that to the max and scammed every investor for their money. Cite your film online video in american psychological association 6th edition format for free. Scientology and the prison of belief directs a documentary investigating the rise and fall of theranos, the onetime multibilliondollar healthcare company founded by elizabeth holmes. Aug 10, 2011 these are the smartest guys in the room, and their graphs and database tables use silly tricks that manipulate the data to make the plight of the post office seem way worse than it is and to make the alternatives seem better than they are.
Countless books and articles were written about it, but only the smartest guys in the room holds up a decade later as the defini. The thing i liked most about this documentary was the fact that it focused on the guys at the top, the selfproclaimed smartest men in the room, the socalled geniuses who knew the energy business so much better than the rest of the industry. In 1985, enron corporation, was a company that delivers pipeline for natural gas and electricity, while mergering with. The smartest guys in the room for this assignment view the video, enron. Citing a documentary might seem more complicated than citing a textbook, but. Enron the smartest guys in the room quiz flashcards quizlet. With john beard, tim belden, barbara boxer, george w. The amazing rise and scandalous fall of enron is a book by bethany mclean and peter elkind, first published in 2003 by portfolio trade. Citation machine helps students and professionals properly credit the information that they use. The smartest guys in the room culture the guardian. A documentary about the enron corporation, its faulty and corrupt. Its a compelling and sometimes soapy indictment of the worst side of business, and it queasily foreshadows the financial crisis of 2008.
The smartest guys in the room is a 2005 documentary film based on the bestselling 2003 book of the same name by fortune reporters bethany mclean and peter elkind, a study of one of the largest business scandals in american history. Chicago turabian humanities citation style guide mclean, bethany and peter. Citeseerx citation query the smartest guys in the room. The smartest guys in the room album ont he webs largest and most authoritative lyrics resource. In the end, check and balance comes in to play to keep any company from pulling a scandal as big as enron. The smartest guys in the room directed by alex gibney it talks about the effect enron had on the accounting industry and business ethics in america. This movie did a fantastic job breaking it down in a way where anyone could understand it. Alex gibney, who wrote and produced eugene jareckis the trials of henry kissinger, examines the rise and fall of an infamous corporate juggernaut in enron. Director gibney deftly compiles vast amounts of inhouse video and audio footage along with afterthefact interviews and congressional hearings chronicling the devastating downfall in 2001 of corporate behemoth enron. And just as all the presidents men was the one watergate book that gave readers the full story, with all the drama and nuance, the smartest guys in the room is the one book you have to read to understand this amazing business saga. The smartest guys in the room is a 2005 american documentary film based on the bestselling 2003 book of the same name by fortune reporters bethany mclean and peter elkind, a study of one of the largest business scandals in american history.
You guys did good work, she said, seeming to channel hamiltons belief in industrial policy and the importance of manufacturing. Yet in the period since the 2008 crisis, the smartest guys have consistently argued that money is the driver of human behavior. You are free to use it for research and reference purposes in order to write your own paper. You must watch the movie then discuss the ethical considerations answering the following questions how did the culture at enron enable fraud throughout the organization including traders. Enron grew from a pipeline company to an economic powerhouse by playing the middle man, selling long term.
Write a critique of the film in 45 page doublespaced paper. The smartest guys in the room the smartest guys in the room is a cooperate documentary about the corrupt commercial practices of the enron corporation. The smartest guys in the room i international economy. The movie profiles its two leaders, ceo ken lay and president jeff skilling, who lied and cashed in while their 20,000 employees were robbed of their life savings. Neither absolutist nor relativist leaves room for what is crucial to success in. Peter elkind just as watergate was the defining story of its time, so enron is the biggest business story of our time. In response to the crisis, for example, the worlds governments and central banks bet the farm on a giant moneydriven rescue operation the size of which the world had never before seen. Ethical issues in enron the smartest guys in the room. How to cite enron, the smartest guys in the room essay. Enron the smartest guys in the room quiz flashcards. One of the greatest scandals in american corporate history is chronicled in the riveting documentary enron. Two years after its founding, the company becomes embroiled in scandal after two traders begin betting on the oil markets, resulting in suspiciously consistent.