Enron: the Smartest Guys in the Room

In the movie Jeff Skilling suggest that property is the only thing that motivates commonwealth, and I make with him. Money might not directly motivate e precisebody unless it plays a part in everybodys motivation. Money is the reason people mollify in school longer than required, the reason people decease, and the reason why people get bug out of bed in the morning. It motivates people to work harder and longer. People want a house, car, clothes, and food, which you need money in exhibition to purchase.Money motivates people, which motivate a company, which motivates another company to bring in more money than their competitor. This cycles is what builds our economy, and by building our economy we boost our clownish and by doing so we start competitions with other countries. And these cycles prove that money is what motivates people, cities, states, and countries. What happened at Enron was both morally and legally wrong. They not only committed snake oil but they drained t housands of peoples retirement funds.I fagt think one person is to blame for the whole grime at Enron. I do think that mass Lay, founder, chairman, and CEO of Enron, had a major part that led to the bankruptcy. When Enron stock reached $90 he told them that the set would keep climbing and that everybody should be investing in Enron, but Ken had started to sell his stocks because he k natural that the stock was going to drop. When he found out that Enron was in financial difficulty he should have tried to imagine out ways to fix it instead of trying to save his money and properties.He was selfish and immoral and he play a very big part in the bankruptcy on Enron. Auditors also played a part in Enrons Bankruptcy. Within days of Enrons bankruptcy, revelations intimately the companys finances showed that Arthur Andersen, the accounting company hired to audit Enrons books, had kept good-tempered about Enrons shaky condition. At the same time it was handling Enrons audits, Andersen was world paid millions of dollars by Enron as a consultant on new business.When the bankruptcy hit, Andersen employees, and their counterparts at Enron, began shredding documents to keep them from falling into the hands of federal investigators. Bethany McLean believed that the Enron grunge was a true human tragedy that merely involved avid men, I agree with her statement. I think the top people workings at Enron started out wanting to make a profit but as time when on and they started fudging micro things here and there they recognize that they could make an even bigger profit, and nobody noticed there little changes.This is what I think turned them into the greedy men that destroyed thousands of peoples jobs and money. I also believe that another company ilk Enron is right around the corner, but it will be harder to catch on to what they are doing because they can reference what worked and what didnt work for Enron making them smarter in how they are going to turn a bigger profit. The Enron fiasco is a lesson that our country learned the hard way about how easily the law can be hidden but it also taught is to question when something seems also good to be true.