Enron dives from the seventh largest US company to bankruptcy in less than a year in this tale told chronologically. 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. Along the way, we watch Enron game California's deregulated electricity market, get a free pass from Arthur Andersen (which okays the dubious mark-to-market accounting), use greed to manipulate banks and brokerages (Merrill Lynch fires the analyst who questions Enron's rise), and hear from both Presidents Bush what great guys these are. Written by
It's just business.
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Did You Know?
Among the protesters who disrupt the meeting with Jeff Skilling at San Francisco's Commonwealth Club is Marla Ruzicka. The former Global Exchange activist founded CIVIC (Campaign for Innocent Victims of Conflict), which worked to help the victims of the war in Iraq. She died in Iraq on April 16, 2005, the victim of a suicide bombing. See more
You are the only financial institution that can't produce a balance sheet or cash flow statement with their earnings...
You, you, you... Well, uh... thank you very much. We appreciate it... asshole.
Written by Sting
and Joyce Silveira P. De Jesus
Used by permission of EMI Blackwood Music, Inc. Feminina Music USA Division
Performed by The Black Eyed Peas
Courtesy of A&M Records under license from Universal Music Enterprises See more