Kenneth Lay and Smartest Guys

Topics: Enron, Kenneth Lay, Jeffrey Skilling Pages: 1 (373 words) Published: May 1, 2013
Enron “The Smartest Guys in the Room”

The Enron: The smartest guys in the room it’s a documentary film based in an important and huge company that was involved in a huge scandal in the American history. The Enron Corporation when they first start was a successful company. In its beginning, Enron was a small company from Texas, after years Enron became in the seven largest business in the U.S. with a smarts an experts employees working for Enron. The founder was Ken Lay a smart executive. The company was leader for many years the culture of Enron was very maleness they needed “Guys with spikes”. So Enron did have the smartest guys. Ken Lay hire as CEO Jeffrey Skilling and J. Clifford Baxter, an intelligent executive he committed suicide, Lou Pai he makes a lot money but he had an obsessive problem with strippers he got married and he quit Enron, now he is the biggest owner of lands in Colorado. Another member of the smartest guys is the CFO Andrew Fastow who got prisoned because of the fraud and also because he stole millions of dollars from Enron. The thought that the only thing that motivated people was the money, the fire employed by the evaluation, the loved to gamble money and they said: “you get money bye taking the risk”. Then we realize that they didn’t care how the won money as we can see Enron was an unethical corporation with corruption from inside and people from outside too. The Fraud that Enron committed shows how is the corruption around the word. This was one of the cases with the bigger corruption, important banks around the world were involved and also the president of the U.S. The end of the company was disappointing and sad they this affect many people losing thousands of jobs there were many victims of the scam, employees were unable to recover their funds and what the should have for their percent of the stock. Here we can see how much the corruption can affect and how far is able someone to reach just for ambition and how it all ends. We...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Enron: the Smartest Guys in the Room Essay
  • Enron: the smartest guys in the room Essay
  • Enron: Smartest Guy in the Room Essay
  • Summary of the Film "The Smartest Guys in the Room" Essay
  • Enron, the smartest guys in the room Essay
  • The Smartest Guys In The Room Essay
  • Enron: The Smartest Guys in the Room Research Paper
  • Kenneth Lay and Enron Coo Essay

Become a StudyMode Member

Sign Up - It's Free