At this writing in early 2006, the principal players in the sordid drama of Enron " believed by some accusers to be the most egregious corporate malefactors in American history " are about to go on trial for pillaging their company and devaluing its stock, leaving thousands of employees and investors holding the bag while they absconded with millions.
Alex Gibney's documentary examines the meteoric rise and spectacular fall of this Houston, Texas-based firm, which for a time made its top officers wealthy beyond their wildest dreams, and all by engaging in business practices alleged to have been little more than a complex shell game.
Enron founder Ken Lay and his successor as CEO, Jeff Skilling, are pretty well skewered in Gibney's film, which in its own way is every bit as riveting as a suspense thriller. Without putting too fine a point of it, the film has all the elements of Greek tragedy; it is hubris that ultimately brings down the main characters. Arrogance, pride, power, the abuse of power - they're all here.
Our Daily Bread is a wide-screen tableau of a feast which isn't always easy to digest - and in which we all take part. A pure, meticulous and high-end film experience that enables the audience to form their own [...]
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Economic globalization has led to a massive expansion in the scale and power of big business and banking. It has also worsened nearly every problem we face: fundamentalism and ethnic conflict; climate chaos and [...]
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The misrepresentation and misapplication of the United States federal income tax constitutes the largest acquisition of wealth by way of deception in history. A handful of government lawyers fabricated [...]
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Wal-Mart has become one of America's most successful retail chains by offering everyday goods at low prices for working families. But just how is Wal-Mart able to charge less than many of their rivals, [...]
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The history behind perhaps the greatest formula ever created in finance: the Black-Scholes-Merton options pricing model. Two of its creators were awarded the Nobel Prize in Economics in 1997. A year later their [...]
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In times of crisis people seek strong leaders and simple solutions. But what happens when their solutions are identical to the mistakes that caused the very crisis? "Overdose' is the story of the greatest [...]
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China is perhaps too different from the US culturally and not different enough ideologically for there to be an immediate threat of actual war, however history shows that competition for natural resources tends [...]
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The documentary proves through facts and statistics how hyperinflation in the U.S. is now inevitable and how Americans could soon see the end of entitlement programs they have become dependent on to live and [...]
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