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the smartest guys in the room summary

29. november, 2020

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No matter what your politics, "Enron: The Smartest Guys in the Room" will make you mad. It was real human tragedy. It is a crime story. Learn More. And it was a conviction of the fraud that was happened. No matter what your politics, "Enron: The Smartest Guys in the Room" will make you mad. McLean and Elkind are credited as writers of the film alongside the director, Alex Gibney. Enron: The Smartest Guys in the Room is a 2005 American documentary film based on the best-selling 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. 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. ‘Enron: The Smartest Guys In The Room’ Frauds and financial scandals in the business world were before an Enron’s case and will be after it. This is not a political documentary. We will write a custom Essay on Enron: The Smartest Guys in the Room specifically for you for only $16.05 $11/page. 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. These blinks detail a gripping story of financial deceit, while shedding light on the personalities that built Enron’s corporate culture and set it up for disaster. Executive summary. They also reveal the fates of the key players in the scandal. Suspicions of falsification of financial statements begin to occur. That’s in human nature. 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. November 9, 2020 Uncategorized. 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. 301 certified writers online. 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. Enron Company experienced a crisis to its collapse in the year 2001 which was culminated by application for bankruptcy. So who will make money now? There is a general impression that Enron was a good corporation that went bad. enron: the smartest guys in the room summary. The Smartest Guys in the Room (2003) tells the remarkable tale of energy trader Enron – once a poster child for market innovation on Wall Street – and its dramatic fall from stratospheric heights.

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