Access Millions of academic & study documents

Analysis of two movie1

Content type
User Generated
Showing Page:
1/5
Running head: ANALYSIS OF TWO MOVIES 1
Analysis of Two Movies
Student’s Name
Institutional Affiliation

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/5
ANALYSIS OF TWO MOVIES 2
Analysis of Two Movies
I. ENRON: The Smartest Guys in the Room
The film “Enron The Smartest Guys in the Room” revisits one of the prominent scandals
in the U.S. history that surrounds Enron Corporation. The business was declared bankrupt in
2001 after having been found to use a fraudulent accounting method that misrepresented the
financial position of the company. From the film, I learn the repercussion of the government
mistakes and adverse effect on employee and shareholders. When the scandal occurred, the
government bore the most considerable blame for being negligent and careless. This manifested
through outrage and protest from the citizens who were swindled by the company.
The greatest lesson to the employee and investor is that it is always prudent to question
before acting. The scandal depicted in the film shows that the investor and employee blindly
trusted that Enron would cater to their affair. While investor believed the financial
representations were accurate, the employee believed the executives were moral. Eventually,
about 22,000 workers lost their employment (Girard, 2011), shattering their dream, leaving many
more families devastated, and hurting the economy. The issue would never have been a scandal
if investors questioned the source of profits for Enron. Unfortunately, investors could not recover
their money upon liquidation since the stock prices fell to a few cents.
From this case, it is evident that a little government control cannot be harmful as
capitalists claim. Indeed, the government is responsible for instituting regulatory measures that
prevent another scandal as Enron. Where scandals occur, individual greed ends hurting several
stakeholders and the economy in general. In my opinion, the government should institute moral

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/5

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 5 pages?
Access Now
Unformatted Attachment Preview
Running head: ANALYSIS OF TWO MOVIES Analysis of Two Movies Student’s Name Institutional Affiliation 1 ANALYSIS OF TWO MOVIES 2 Analysis of Two Movies I. ENRON: The Smartest Guys in the Room The film “Enron The Smartest Guys in the Room” revisits one of the prominent scandals in the U.S. history that surrounds Enron Corporation. The business was declared bankrupt in 2001 after having been found to use a fraudulent accounting method that misrepresented the financial position of the company. From the film, I learn the repercussion of the government mistakes and adverse effect on employee and shareholders. When the scandal occurred, the government bore the most considerable blame for being negligent and careless. This manifested through outrage and protest from the citizens who were swindled by the company. The greatest lesson to the employee and investor is that it is always prudent to question before acting. The scandal depicted in the film shows that the investor and employee blindly trusted that Enron would cater to their affair. While investor believed the financial representations were accurate, the employee believed the executives were moral. Eventually, about 22,000 workers lost their employment (Girard, 2011), shattering their dream, leaving many more families devastated, and hurting the economy. The issue would never have been a scandal if investors questioned the source of profits for Enron. Unfortunately, investors could not recover their money upon liqu ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Studypool
4.7
Indeed
4.5
Sitejabber
4.4