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Enron: The Smartest Guys in the Room (2005)

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But with the magic of mark-to-market Enron

Enron: The Smartest Guys in the Room (2005)

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Lay became part of a new crusade

Enron: The Smartest Guys in the Room (2005)

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The magic power of deregulation

Enron: The Smartest Guys in the Room (2005)

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in the magic of the marketplace.

Enron: The Smartest Guys in the Room (2005)

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a certain kind of accounting known as mark-to-market.

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lost a total of nearly $1 billion.

Enron: The Smartest Guys in the Room (2005)

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because I think people lost their sense of morality.

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And he started working out, lost a lot of weight.

Enron: The Smartest Guys in the Room (2005)

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of course, in this stage of my life,

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Yes. My counsel is Mr. Philip Hilder.

Enron: The Smartest Guys in the Room (2005)

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The gist of the article is that

Enron: The Smartest Guys in the Room (2005)

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It is my belief that Enron's failure was

Enron: The Smartest Guys in the Room (2005)

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in the hopes of really making my point

Enron: The Smartest Guys in the Room (2005)

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Mr. Chairman on the advice of my counsel,

Enron: The Smartest Guys in the Room (2005)

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Enron is sort of a black box...

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which is, of course, exactly what happened.

Enron: The Smartest Guys in the Room (2005)

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The Enron fraud is the story of synergistic corruption.

Enron: The Smartest Guys in the Room (2005)

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The heart of it is that an industry

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Enron is using its knowledge of trading gas

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about is we're wheeling power out of California.