Monkey-brained Musings

Monday, May 09, 2005
 
Smartest Guys in the Room

I went to see Enron: The Smartest Guys in the Room at the Alamo South tonight. It is a well-made and very disturbing documentary. It succinctly describes how key Enron executives and employees began with an aggressive business plan and an absolut pursuit of higher stock prices and then expanded it an every widening circle of questionable business practices. By the end, they are using markets as a weapon as a cover for fraud, extortion, and other crimes and acting in complete disregard of any semblance of honesty, ethics, and fair-dealing. It made me embarassed to be a Texan. It also made me wonder once again, as these executives were bringing home tens of millions of dollars while pension funds cratered, why Texas does not have an income tax.
 

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The scattered musings of Jeb Boyt, Austin Texas. A collection of the random bits that scamper through my monkey brain. This blog is my personal record. The opinions expressed here are my own and are in no way associated with any employer, board, commission, organization, or other entity that I may be affiliated with. So there.

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