Finance

Enron Scandal Assignment​​​

As a college business student, you should have heard of the Enron Scandal, but you may not be very familiar with the details of the scandal. This assignment is to help you learn about several important legal and business topics. Completing this assignment requires you to watch a very interesting movie documentary that will shed some light on these topics.

The Smartest Guys in the Room is a best-selling book by Fortune reporters Bethany McLean and Peter Elkind. Adocumentary film was made based on this book 2003. This story investigated one of the largest business scandals and history. The entire film is available on several streaming sources. Please watch this film in its entirety (the movie is approximately 1 hour and 40 minutes so be sure you don’t just watch the 10 minute shorter versions) and provide the information below. You should be able to watch it free on several streaming services.

A. What type of company was Enron? What product did Enron produce? When did Enron start and when did it end operations? Who was the founder of Enron?

B. Briefly discuss three illegal or unethical acts that were continually committed during the time this company was growing quickly.

C. Who were three key people who were key participants in this scandal, and describe their role in the scandal. Describe the criminal acts they committed and the legal punishmentthey received.

D. Briefly discuss the major law that passed in response to this event? Describe one way this law helps to prevent this type of scandal from occurring in the future.