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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 Californias 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 Enrons rise), and hear from both Presidents Bush what great guys these are.
The fortunes of Houston-based Enron Corporation, which went from having $65 billion in assets to going bankrupt in less than a month, are chronicled. The stories generally focus on the people who built what was a house of cards called Enron, knowing what they were doing was mostly smoke and mirrors, often illegal, and often at the expense of the working class, but still proceeded out of pride, arrogance and/or greed. The film focuses primarily on the two at the top who were responsible for setting the corporate culture for all those under them: Chair and CEO and COO . While many of the top executive were able to liquidate the majority of their shares from the company before the plunge, the general investor and the employees, who sunk much if not all of their 401s into the company, were the ones who ultimately got burned, let alone those, such as California utility users and payers, who were negatively affected along the way. The film also details others who were complicit to the goings-on at Enron, such as the banks and Enrons auditor, Arthur Andersen, for whatever multitude of possible reasons from greed to ignorance to not wanting to cross the all powerful Enron. While the outcomes for such major players within Enron as Cliff Baxter, and are known, the legal fates of Lay and Skilling are still in front of the courts at the time of the production of this film.
John Beard
Self - Former Enron Accountant
Tim Belden
Self
Barbara Boxer
Self
George W. Bush
Self
James Chanos
Self - President, Kynikos Associates
Dick Cheney
Self
Bill Clinton
Self
Carol Coale
Self - Ex-Stock Analyst, Prudential Securities
Peter Coyote
Narrator
Gray Davis
Self - Former Governor of California
Reggie Dees II
Self - Young man the stripper dances in front of
Joseph Dunn
Self - California State Senator
Max Eberts
Self - Former Spokesman, Enron Energy Services
Peter Elkind
Self - Co-Author, 'The Smartest Guys in the Room'
Andrew Fastow
Self
David Freeman
Self - Former Advisor to Governor Davis
Philip Hilder
Self
Al Kaseweter
Self
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