Palmer Events Center
"...Directed by: Alex Gibney. It’s a truism that things are done big in Texas, but who knew that approach applied to failures as well successes? The Enron debacle – the bankruptcy scandal that demolished the Houston corporation that was ranked the seventh largest in the country, and also devastated its swindled employees, stockholders, business associates, and even casual observers – is put under the microscope in Gibney’s documentary..."
"...Seldom have criminal convictions been more richly deserved. Last week, a Houston jury found both Jeff Skilling and Ken Lay guilty of various crimes they committed while the duo were heading Houston-based Enron Corp..."
"...Austin Chronicle: Can you describe briefly the important events in Enron's collapse, beginning in 1997, when Jeff Skilling took over as chief executive officer?..."
"...The public's shock at the burgeoning Enron disaster -- how could such a high-flying, energy-based, politically connected corporation come a cropper? -- might have been diminished somewhat by the memory of how the company acquired its unusual name. Formed by the 1985 merger of Houston Natural Gas and a Nebraska-based pipeline giant called InterNorth, the new entity spent some months as the unmelodious "HNG/INI" while the bosses hired a public relations firm to come up with a fittingly impressive corporate moniker..."
"...Around the turn of the century, one of the many markets Enron had cornered was that of Fortune's Most Admired Companies list. The Houston energy giant received the honor, like, 50 straight times or something (figure possibly based on Jeff Skilling's Hypothetical Future Value Accounting we're not really sure, because we either don't recall or weren't alerted), which is ironic since, as you might've heard, it was headed by a bunch of thieving turds..."
"...The rise and fall of Houston corporate monolith Enron was a stain on American business practices that ruined the lives of 20,000 employees and grifted billions of dollars from countless investors. It also serves as the current business model for quite a few companies in the U.S..."
"..."This is the Texas Legislature," he told reporters last week through gritted teeth, just as the Senate Finance Committee approved the trick. "We are not Enron, and I am not interested in cooking the books just to avoid a vote on the Rainy Day Fund."..."
"...[Editor's note: Parts of this interview have been taken from "The Enron Autopsy: Alex Gibney Takes on 'The Smartest Guys in the Room'," The Austin Chronicle, March 11.]..."
"...Worse than that, Dennis Hopper’s running the show. As the affluent, ruthless Kaufman, Hopper carries the well-pressed stink of Enron-ian faux-entitlement about him, controlling a massive, shining skyscraper nicknamed Fiddler’s Green for the benefit of the upper classes..."
"...Bush has a laissez-faire approach to business. Otherwise, it might look like he was just trying to help his pals at Enron...."
"...The televised tearjerker titled "Ken Lay, What a Guy!" starred Linda Lay, the wife of Enron CEO Ken, in an Emmy Award-winning performance. Like the wives of prominent politicians who get caught with their pants down, Linda was thrust in front of the cameras to shed wifely tears and testify to the inner goodness of her husband, who's been caught with his hands in the pants pockets of Enron investors and employees, bringing them and their company down...."
"...Attack of the Clones opens across the country this weekend, but apparently, thanks to Emperor "Kenny Boy" Lay and the rest of those cheerful Imperial Warriors from Enron, it hit California a couple of years ago. According to internal memos released last week by the new Enron board in charge of salvaging the bankrupt company's debris, Enron energy traders were indeed manipulating the newly deregulated California energy market to drive up prices at the cost of billions of dollars to both the state and citizens of California..."
"...Take the Enron debacle. Greenspan says it's not an example of widespread corporate excess that warrants public action, but rather an example of the free market's magical ability to punish companies that go bad..."
"...Enron's Money Trail..."
"...Pipe Dreams: Greed, Ego, and the Death of Enronby Robert Bryce..."
"...Another Enron Flimflammer..."
"..."I don't focus on corporations as much as he does. But with Enron, I may be changing my mind."..."
"...Biz 'Journalism' and Enron..."
"...Enron's Ponzi Scheme..."