Movie: Enron – The Smartest Guys in the Room

Enron: The Smartest Guys in The Room (2-Disc Set - WMVHD)I Tivo’d this movie a few days ago and watched it last night. All I have to say is “wow”. It was a very well-done documentary outlining everything that happened at Enron from inception to corruption. It’s absolutely amazing to me that those guys thought they were so invincible and wouldn’t get caught. They were so absolutely corrupt – and not just the executives. The traders were just as bad, as evidencing by the multitude of audiotapes they have from the trading floor.

It was riveting television, and I’m glad I watched it because I admit that back in 2001 when it was all blowing up I didn’t really know what it was all about since I’m not a big news person. Not surprisingly, it’s not Ken Lay or Jeff Skilling that disgusts me the most – it’s Lou Pai, who headed the EES division. What a pig. He cheated on his wife, divorced her to marry his pregnant stripper girlfriend, and then moved to Colorado. This after he cashed in stock valued at almost $350M (more than even Ken Lay took) and left the company just prior to it’s collapse. To this day he hasn’t been charged with insider tradiing, claiming that his cashout was to pay off his wife after the divorce.