Enron: The Smartest Guys in the Room

By Waino 2022-03-23 09:02:57

Self-created novel, The Overtaking of Corners: Why Morality Fails to Preempt Corruption

My name is Katherine DuPont. I majored in quantum electronics at Barnard and I hold an MBA degree from Yale. In 1994 I joined the trading floor of Enron. I spent less than half a year to acquaint with the blatant Darwinism culture permeating this place and the rest four years forging my own brand in the upgrade of Enron's trading strategy. In an industry typified by aggregate aggressiveness, Kenneth Lay, the Chairman of our conglomerate has a particular zeal for visionary. The energy regulator...

By Carmela 2022-01-15 08:01:02

When things look better than imagined, it’s mostly a false orgasm.

The reality is not like Titanic, but our ship sank before hitting the iceberg, because the ship was sinking more and more rapidly due to the silent and continuous penetration of seawater from the numerous tiny cracks in the bottom of the ship. Unfortunately, when the tourists in the luxury cabins on the top of the ship jumped to escape, the people in the bottom cabins at the bottom of the ship were still dancing and reveling, celebrating the golden age that has never happened in a thousand...

By Derick 2022-01-15 08:01:02

The Emperor Has no Clothes

Enron, the 7th largest company in the United States, went bankrupt just a few weeks after its peak. More than 20,000 employees were unemployed. It shocked the country and became the most true portrayal of the dark side of the American dream. This incident developed the Sarbanes Oxley laws to prevent subsequent companies from repeating the same mistakes. After watching the brief introduction of the documentary film, I flashed an slogan from An Ran: Ask Why?

By Keegan 2022-01-15 08:01:02

We see ourselves as the smartest

Pretentious? But he is also smart and the foundation of a human being, but he is also lost. Human nature is greedy, and once you go on the wrong path, you don’t want or dare to look back. The road goes farther and farther, the more lies gather. All are a group of financial gamblers, but this kind of numerical achievement is disgraceful, and it is not because of jealousy, financial investment is indispensable, but I don’t like this kind of utilitarian market, and it is very different from the...

By Luigi 2022-01-15 08:01:02

Enron: The Smartest Guys in the Room

This documentary was filmed in 2005 and I watched it many years ago. Every year in the course of "Financial Markets" that I teach, I recommend that students also learn about it as supplementary materials. In 2001, when the "Enron" incident occurred, these students have not yet graduated from elementary school... In the content of the Information System Control lecture this afternoon, Erron's case was mentioned again, so I watched this documentary again last night. In fact, Erron’s problem is...

By Dakota 2023-09-28 18:53:40

The facts tell you, don't set up a flag for yourself. . . . I'm not surprised. . In this line, there are only ignorant little liars and skilled big liars~ The intention is really good, but human beings will always go astray if they don't know what's going on. . Many companies and governments couldn't save them because AIG couldn't last anymore....

By Itzel 2023-09-19 07:01:24

Therefore, the root of social problems is not the system, but the evil of human nature. Neither capitalism nor communism can completely restrain the greed of the group at the top of the pyramid. It is a pity that the capital operation, financial data fraud, and collusion between officials and businessmen played by American companies a few years ago are still very much enjoyed by Chinese companies. An ideal free market is a good thing, but unfortunately, due to the shackles of human nature, the...

By Einar 2023-09-08 02:09:43

It's an almost perfect...

By Isac 2022-10-06 17:32:03

This is what you love about capitalism, freedom, "democracy", business culture, a "cannibalistic...

By Felipe 2022-04-24 07:01:19

trading is just a joke only by lying you can make money in that...