Enron Movie

In: Social Issues

Submitted By cjmoyer
Words 278
Pages 2
The Smartest Guys in the Room: The Enron Movie
Magnolia Home Entertainment

Reflection Questions

Choose one or more of the following questions to discuss. There are no right or wrong answers. I am asking for your impression, thoughts, and critical reflections on these questions, not a yes or no. Support your answers with examples from the movie and from your own experiences or other sources.

1. Is this a story about financial numbers or is it about people and Enron’s culture? Explain. 2. We generally would think that “free” markets are preferable to regulated markets. Is Enron an exception? Why or why not? 3. To get a high return, you generally take high risks with people’s money. At what point do you say it has gone too far. 4. We are taught that “markets” are generally current in valuing things. Yet, Enron’s “mark to market” accounting is thought to be one of the problems. Why? 5. Darwin’s survival of the fittest is generally held in high regard. Yet, Enron’s use of the concept seems to have been a problem. Why? 6. How does the “tone at the top” affect the attitudes and actions of those below them? 7. Should Arthur Anderson be held partly responsible for the collapse of Enron? If so, how? 8. White-collar criminals often rationalize their fraudulent activity as “doing nothing wrong.” Are these qualities present in the Enron case? Explain. 9. Analyst opinions were based on information from the company. The validity of this information is, in part, based on “integrity” of the company and its auditors. How do you determine integrity? 10. Is a “strong moral compass” necessary in business?…...

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