Re: Feedback? - Enron: The Smartest Guys in the Room (M)

[Miklos Vasarhelyi <miklosv@andromeda.rutgers.edu>]

I have seen the film in its opening in new york. i have been involved
with
a "cooking the books" course for a long time and was wondering
about its
educational value.... my conclusion was that the film really did not deal
with
any accounting issues as the movie makers did not understand them
and
in certain parts they were very sensationalistic and unfair to the
parties involved...

however i always recommend my students to see the film as it raises
awareness
of many things.

miklos

At 10:49 PM 9/15/2005, Andrew Priest wrote:

> Dear List
>
> Just wondering if anyone has seen this movie/documentary? Interested in
> feedback and if it is a good teaching tool?
>
> Enron: The Smartest Guys in the Room  (M)
>
> Directed by Alex Gibney, this is the inside story
> of one of history’s greatest business scandals, in which top executives
> of America’s 7th largest company walked away with over one billion
> dollars while investors and employees lost everything.  Based on the
> best-selling book The Smartest Guys in the Room by Fortune
> reporters Bethany McLean and Peter Elkind and featuring insider accounts
> and incendiary corporate audio and videotapes, Gibney reveals the almost
> unimaginable personal excesses of the Enron hierarchy and the utter moral
> vacuum that posed as corporate philosophy. The film comes to a harrowing
> end as we hear Enron traders’ own voices as they wring hundreds of
> millions of dollars in profits out of the California energy crisis. 
> As a result, we come to understand how the avarice of Enron’s traders and
> their bosses had a shocking and profound domino effect that may shape the
> face of our economy for years to come. [M] 109 mins. 
> <http://
>
> www.enronmovie.com>.
>
> Regards
> Andrew Priest
>
>
> =
> School of Accounting, Finance and Economics
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Miklos A. Vasarhelyi
KPMG Professor of AIS
Rutgers University
Director Rutgers Accounting Research Center
315 Ackerson Hall
180 University Avenue
Newark, NJ 07102
(973) 353 5002
(201) 4544377 mobile