Tuesday, November 11, 2008

Smartest Fools In the Room

I just finished watching the Enron documentary, "The Smartest Guys in the Room" last night in my business law class. All throughout my business career here at UCONN, my classes have just touched upon the Enron scandal, usually in order to connect it to the implementation of Sarbanes Oxley in the business world. However, the movie really brought to light just how diabolical and devastating the actions of a few top executives were. And frankly, I was disgusted. I was disgusted by Jeff Skilling's public speeches in which he wrongfully portrayed Enron as having substantial profits that just weren't there in order to boost its stock price. I was disgusted by his shady attempts to defend his position during the scandal. And I was disgusted by Kenneth Lay's public attempts to seem completely unaware of what was going on, even though he was the owner of the company! This video makes me wonder about how much fraud is going on in the business world, and although efforts have been put in place to stop it, I'm sure it still exists. After realizing all the damage Enron's executives had done to its workers and investors, I know that wherever I end up in the workplace, I know that I will make every decisions with ethics and this movie in the back of my mind.

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