After I watched the documentary film of Enron corporation. The first reaction I have is laugh in an ironic way because is not they are bad ; is their way of doing things and selling product make me felt ludicrous. According to Wikipedia CEO of Enron corporation Kenneth Lay (Lee) is dead now. He was indicated by Aspen Valley hospital in Colorado that he died of a heart attack. Another important person of the Enron corporation case, Jeffery Skilling, he is serving 25 year and 4 month in prison now.
From my impression of the film there is a quote saying that people in Enron are "nerds". I totally agree what this quote said. It is not because their visual is nerd but their mind is foolish. From the analysis of the documentary film, they are so foolish that they become more and more greedy and fearless of many financial problems. At the point of climax, they came out a strategy called market to market strategy. Market to market strategy's curtail explanation is a strategy that make up false statement of their financial condition and attract stock buyer to buy their stock so they have more fund for company. When they nearly cannot cover the secret of the dept, they started giving electric to California state. However, they did not become more ethical instead they do unnecessary maintenance and delcared blackouts. This was called the California electricity crisis. After one year, they got caught making false information and the causation of California eletricity crisis. On May 25 2006, Kenneth Lay and Jeffery Skilling was found guilty and on October 23, Jeffery Skilling was given 24 years and 4 month prison sentence.
In conclusion, relate this to Ishmael, In book of Ishmael Ishmael said that the world is equilibrium. The rule of equailibirum in Ishmael is saying when ever you do something there will be consequence after it. I think this is the the situation that consequence come back and harm you. After watching this film, I think that we should do things with ethic. In the world around us, we might not see the unethical side of many things. However, at least we know whether we are doing good thing or bad thing. From what I have learned in Global ethic class, I think this story is similar to what I have been investigating in GE class. It is not only the bad business I see in GE, it's the rule of equilibrium in our world.
The first few days in Ecuador
12 years ago
