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Spoiled Movie Endings

Title Year Length (Minutes) MPAA Rating My Rating
Enron: The Smartest Guys in the Room 2005 109 NR 3.0 out of 5 ducks
Documentaries are tough to summarize, of course. Enron falls from being the seventh largest company in America to bankruptcy in the span of a year, with much of the fall occurring in less than two months. The film shows the links of the company's leadership of Ken Lay, Jeff Skilling, Chief Finance Officer Andy Fastow, mostly helped falsify the company's fiscal documents to maintain an appearance of vast profitability. It ties some of the failure with Enron using Mark-to-Market accounting (as soon as you have an idea, you book the potential profit, even if you never make a penny, or lose money), versus using GAAP (generally accepted accounting principles). The Mark-to-Market shift was signed off by accounting firm Arthur Anderson (which is no longer in a good way), and approved by the U.S. Securities and Exchange Commission, surprisingly. Enron reaped benefit from the California energy crisis, which they helped create by taking interest or ownership in power plants in California, and then arranging for power to be diverted out of state while shutting down plants for a few days for 'maintenance.' By the end, we see the fall of the company, one of the board members who commits suicide, and even both George W. Bush and his dad both tells what a great company Enron was and how wonderful they are for America. (There was even talk, briefly, of Ken Lay being named Secretary of Energy under George W. Bush's administration, before the whole thing fell apart in 2001.) Moving film reel
Looking for more detail about this film? Try the film's page on IMDB by clicking on the IMDB logo: IMDB details for Enron: The Smartest Guys in the Room (2005)

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