Thursday, May 25, 2006

Smart Guys Guilty

Now that Ken Lay and Jeff Skilling have been found guilty on multiple counts in the Enron trial, I have to re-recommend the brilliant documentary, "Enron: The Smartest Guys In The Room."

Based on the book by two Fortune magazine writers, the movie gives an in-depth explanation -- but in layman's terms -- of what these sleazeballs did, how they manipulated their stock price, and worst of all, how they brokered the California energy crisis. Most amazing is watching Lay and Skilling lie to their own employees about the company's situation, telling them not to worry, to keep their retirement money in Enron stock, while at the same time the execs were dumping their own shares and fully aware of the disaster they were sitting on.

May they rot in jail for the rest of their lives.