Friday, May 26, 2006

Enron former execs found guilty

While the film Enron: The Smartest Guys In The Room has been doing really well in the UK - it took £37,746 on just six screens when it opened on 28 April - former chief executive Jeffrey Skilling and founder Kenneth Lay have been found guilty of conspiracy and fraud following the 15-week trial which involved a total of 54 witnesses and a jury of eight women and four men.

The decision came after six days of deliberations, with Kenneth Lay proved to be guilty on all six of his charges and Jeff Skilling found guilty on 19 of the 26 charges he faced. The former executives have been found guilty of misleading the public about the true financial health of Enron, which has become one of the biggest business scandals in American history and has sent shockwaves through corporate boardrooms worldwide.

The documentary feature Enron: The Smartest Guys In The Room, which received an Oscar nomination this year, is still playing round the country. The film is based on the best-selling book The Smartest Guys in the Room by Fortune reporters Bethany McLean and Peter Elkind and features insider accounts and corporate audio and videotapes.

Film site.

1 comment:

Jean-Michel said...

there is a ".com" missing in the link.... have you seen the film? is it good?