![]() ![]() ![]() About the scandal, Penelope Spheeris had directed a telefilm, The Croked E: The Unshredded Truth about Enron. This is a bit disturbing how company can deceive its investors by false figures. The documentary, whose soundtrack is an anthology, was released on April 22 in the United States to excellent reviews. The Crooked E: The Unshredded Truth About Enron This movie makes me realize that betting on a stock, base its fundamentals or good earnings, is not reliable because financial reports can be manipulated to make it looks invest-worthy in the eyes of the investors. “It was like a propaganda machine,” Gibney says in the interview. In this sense, for documentary filmmakers, there was little difference between Enron and a Hollywood movie studio. The people at Enron knew this and acted on it: They created a whole fake financial transactions department, with secretaries playing the role of brokers, for the sole purpose of impressing investors. The interview, even for those who have not seen the film, is fascinating.ĭocumentalists remind us that the functioning of the stock market depends largely on a matter of faith. The electronic version of Filmmaker magazine publishes an interview with Gibney and Bethany McClean, on whose book much of the documentary is based. “If everyone is involved, then no one is responsible,” the lapidary phrase about the scandalous debacle of the US energy company Enron belongs to Alex Gibney, producer and documentary editor and director of the Enron documentary, The Smartest Guys in the Room. ![]()
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