They can be dropped out of the institute as a result of plagiarism. Above all, it's a fascinating human drama that will prove to be the authoritative account of the Enron scandal.Plagiarism is a crime and it can prove really Smartest Guy In The Room Marco Zappia costly to the Smartest Guy In The Room Marco Zappia student. ¶ … Enron: The Smartest Guys in the Room" (2005)Smartest Guys in the Room is a story of greed, arrogance, and deceita microcosm of all that is wrong with American business today. 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. Synopsis: Enron dives from the seventh largest US company to bankruptcy in less than a year in this tale told chronologically. Enron: The Smartest Guys in the Room.
Their financial shenanigans affected people who did not even work for or invest in Enron, like most of the population of California, and utility workers whose pensions were depleted after the company acquired and then pillaged these firms. The corrupt actions of corporate executives brought down a company and millions of jobs in the process. Like today's real estate and credit crisis, the Enron debacle was based upon a betrayal of trust. Has zero-tolerance Smartest Guy In The Room Marco Zappia for plagiarism.The example of Enron, chronicled in the film "Enron: The Smartest Guys in the Room" (2005) seems to be prescient of the kind of corporate arrogance we are seeing in America today, that has precipitated yet another, even worse financial crisis.
Enron manipulated its earnings, through schemes such as Hypothetical Future Value accounting, which meant it claimed projected earnings as current income. The accounting fraud that was perpetrated was so egregious that the reputation old and respected firm Arthur Anderson was destroyed in the process as well as Enron itself. It took the skillful reporting of Fortune magazine's Bethany McLean and Peter Elkind to finally state that the 'emperor had no clothes,' and to question what should have been obvious from the very beginning.TOPIC: Reaction Paper on Enron: The Smartest Guys in the Room" AssignmentThe documentary does an admirable job in what might initially seem to be impossible - making accounting manipulation seem exciting. No one knew why or how the Enron Corporation was making so much money - but it was still apparently profitable, despite all expected common wisdom that would indicate the contrary. The employees seem willfully ignorant, just as the CEOs Kenneth Lay and Jeffrey Skilling were willfully dishonest.
0 kommentar(er)
