#enron

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.

Reposted due to playback issues with the original video
https://www.bitchute.com/video/IV6GIS7IKUC8/

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2 weeks, 4 days ago

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.

Reposted due to playback issues with the original upload
https://www.bitchute.com/video/IV6GIS7IKUC8/

List of videos from this channel
https://themediagiant.weebly.com

4 months ago

In this video we take a look at the Enron story. At over $60 billion being scammed away from the public, they were the biggest fraud in history. Yes, even bigger than Theranos. ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

4 months ago

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, who are credited as writers of the film alongside the director, Alex Gibney. It examines the 2001 collapse of the Enron Corporation, which resulted in criminal trials for several of the company's top executives during the ensuing Enron scandal, and contains a section about the involvement of Enron traders in the 2000-01 California electricity crisis. Archival footage is used alongside new interviews with McLean and Elkind, several former Enron executives and employees, stock analysts, reporters, and former Governor of California Gray Davis.

The film won the awards for Best Documentary Feature at the 21st Independent Spirit Awards and Best Documentary Screenplay at the 58th Writers Guild of America Awards. It was nominated for the Academy Award for Best Documentary Feature at the 78th Academy Awards.

6 months, 2 weeks ago

Alex Jones exposes the Enron-style climate change scam.

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6 months, 3 weeks ago

Documentary. Directed by Alex Gibney. With John Beard, Tim Belden, Barbara Boxer, George W. Bush.
The Enron corporation, its faulty and corrupt business practices, and how they led to its fall.

1 year, 1 month ago

The shocking inside story of one of history's greatest business scandals. Unimaginable personal excesses, and an utter moral vacuum that posed as corporate philosophy, led to top executives of American's seventh largest corporation walking away with over one billion dollars while investors and employees lost everything.

*** Side note *** All of the SEC internal affairs investigative records detailing this crime were incinerated on September 11, 2001 during a fire on the 12th (13th) floor of World Trade Center 7 where the documents were securely stored, before being destroyed along with the entire Building Seven as it collapsed upon itself in free-fall time. For further information on this topic, please read the Final Report by the University of Alaska Fairbanks here: https://files.wtc7report.org/file/public-download/A-Structural-Reevaluation-of-the-Collapse-of-World-Trade-Center-7-March2020.pdf

1 year, 1 month ago

The Enron California Energy Crisis occurred when Enron Online traders began taking advantage of California’s deregulated energy market. In this market, energy providers had to sell facilities and other assets to make money while customer still paid regulated prices. Eventually, the Enron California Energy Crisis got so bad that Enron’s lawyers halted trading.

1 year, 1 month ago

The story of Enron Corporation is the biggest business story of our time. Remarkably, it was just a few years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price.
But how exactly did Enron make money? From what point on, Enron's house of cards began to crumble?
Now, Alex Gibney has investigated much deeper, to offer the definitive documentary about the Enron scandal and the fascinating people behind it.
Meticulously researched and character driven, Smartest Guys in the Room takes you deep into Enron's past and behind the closed doors of private meetings. Drawing on a wide range of unique sources, the documentary follows Enron's rise from obscurity to the top of the business world to its disastrous demise.
It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. Smartest Guys in the Room is a story of greed, arrogance, and microcosm of all that is wrong with American business today.

1 year, 6 months ago

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1 year, 6 months ago

Sidney Powell is the author of Licensed to Lie, the true story of the strong-arm, illegal, and unethical tactics used by headline-grabbing federal prosecutors in their narcissistic pursuit of power.

2 years, 2 months ago

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. McLean and Elkind are credited as writers of the film alongside the director, Alex Gibney.

The film examines the 2001 collapse of the Enron Corporation, which resulted in criminal trials for several of the company's top executives during the ensuing Enron scandal; it also shows the involvement of the Enron traders in the California electricity crisis. The film features interviews with McLean and Elkind, as well as former Enron executives and employees, stock analysts, reporters and the former Governor of California Gray Davis.

The film won the Independent Spirit Award for Best Documentary Feature and Best Documentary Screenplay from the Writers Guild of America.[5] It was also nominated for Best Documentary Feature at the 78th Academy Awards in 2006.

2 years, 6 months ago

Reposted due to playback issues
https://www.bitchute.com/video/tmgI5ynMr9Hk/

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.

List of videos from this channel
https://themediagiant.weebly.com

4 years ago

[mirrored]

Original video: https://youtu.be/dvJ6XV2ld8k

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4 years, 2 months ago

Book Review of
The Tao of Enron
by Chris Seay
with contributing author Chris Bryan

Book review by Bill Schaeffer

copyright (c) 2013, 2018
William Schaeffer

p. 87

"The sight of investigators, our attorney general, and various members of Congress recusing themselves from hearing on Enron -- or admitting to receiving large contributions from Enron -- sobered us all. Then-Governor George W. Bush counted Kenneth Lay as one of his most enthusiastic supporters; Lay hopped on the bush-for-President bandwagon before it had wheels. And Lay and Enron have remained Bush's largest single donor to this point in his political career.

Nevertheless, that financial support didn't ultimately save Enron -- the Bush administration rightly ignored Lay's calls for a last minute bailout -- but it did buy the company incredible access and policy influence. At the time of this writing, investigators are still seeking Vice President Cheney's records of meetings with energy moguls where the Bush energy policy (heavy on deregulation and fossil fuels, light on conservation and alternative energy) got hammered out.

What kind of nation do we live in, I wonder, when industry lobbyists and tycoons can actively shape the writing of legislation that will govern their industries? To what have we descended when Wendy Gramm, wife of powerful Senator Phil Gramm (R, Texas), can serve on the board of Enron while the company makes huge contributions to her husband -- a man who will then vote on legislation concerning the company? What has happened when President Bush's chief advisor, Karl rove, can hold Enron stock while deliberating the energy policy Enron helped write?

Isn't it clear to us yet that such power is wrong, that it subverts democracy, that it leads to government by the wealthy for the wealthy? "

p. 123

"Workers dismantling Enron's London office, for example, found the following luxury items:
- an electric train set used to deliver bonuses to high-performing executives
- a high tech gym
- a ToneZone for aromatherapy, tanning, and beauty treatments
- pricey paintings and sculptures
- a thirty three foot maple veneer conference table inlaid with solid walnut
- marble covered garbage bins"

p. 125

"Until we Americans re-envision the role of business and wealth, we are doomed to repeat a series of disasters like what happened at Enron. And the fallout for most of us will not come in the form of the collapse of the seventh largest company in the United States of America; it will take shape in the collapse of marriages, families, and communities, and the suffering of children and other helpless victims across the planet -- all because of our selfish choices."

p. 131

"Representatives of the companies Jeff Skilling built gave a common recruiting response to those who might have felt some connection to a wife and perhaps children. Those who asked about time with family received a twofold response: (1) We pay so much more than you can make anywhere else that you'll be able to afford great vacations; and (2) If you expect more family time, go visit some of our competitors."

p. 156

"In 1995, 36.4 million Americans lived in poverty, according to the US Bureau of Census, via the National Coalition for the Homeless. Forty percent of these were children...

While the United States is one of the richest nations in the world, it ranks dead last (in percentage of GNP) among Western donors of foreign aid."

***

4 years, 5 months ago