Enron: Smartest Men in the Room Summary

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  • Topic: Enron, Kenneth Lay, Jeffrey Skilling
  • Pages : 1 (326 words )
  • Download(s) : 90
  • Published : December 9, 2006
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"Enron the smartest man in the room" was a very intense story on how a fortune five hundred company CEO'S can get very greedy and turn on there employees. This story is very true and teaches you how to be true to your employees and also other business investors. This story tells you how wrong humanity morals can end up in greed and even death due to guilt.

This story takes place with many business and financial advisors and writers who looked into the story and explained it the best they can to the American public. They explained what happened to all the retirement money and why major Enron executives cashed out and tried to get away with it. Some people didn't get punished, and some got life sentences in jail. The Enron scandal is the biggest downfall of any top company in nation history.

Jeff Skilling and Kenneth Lay are both examples of greedy but brilliant human beings. To the both of them, failure was not an option. They lied to the public by saying their business was rising when in reality, it was decreasing. They were making people buy stocks and invest which would help them make some money for really trying to take them out of debt. While faking information to the public their stock rose thirty four percent in two days and really convinced people that Enron was a serious money making stock. People put there 401k investment money into Enron energy and lost it all when they cashed out before the public found out it was all a scam.

Life has its ups and downs but you should not risk your career and your image over greed. Many people watch this documentary and really think about trusting companies wit there money. People only buy stocks now to trade or maybe make a few pennies .This scandal really shocked and shaped many investors and people who knew them.
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