Enron: The Smartest Guys in the Room

A documentary about the Enron corporation, its faulty and corrupt business practices, and how they led to its fall.  Alex Gibney, who wrote and produced Eugene Jarecki's The Trials of Henry Kissinger, examines the rise and fall of an infamous corporate juggernaut in Enron: The Smartest Guys in the Room, which he wrote and directed. The film, based on the book by Fortune Magazine reporters Bethany McLean and Peter Elkind, opens with a reenactment of the suicide of Enron executive Cliff Baxter, then travels back in time, describing Enron chairman Kenneth Lay's humble beginnings as the son of a preacher, his ascent in the corporate world as an "apostle of deregulation," his fortuitous friendship with the Bush family, and the development of his business strategies in natural gas futures. The film points out that the culture of financial malfeasance at Enron was evident as far back as 1987, when Lay apparently encouraged the outrageous risk taking and profit skimming of two oil traders in Enron's Valhalla office because they were bringing a lot of money into the company. But it wasn't until eventual CEO Jeff Skilling arrived at Enron that the company's "aggressive accounting" philosophy truly took hold. The Smartest Guys in the Room explores the lengths to which the company went in order to appear incredibly profitable. Their win-at-all-costs strategy included suborning financial analysts with huge contracts for their firms, hiding debts by essentially having the company loan money to itself, and using California's deregulation of the electricity market to manipulate the state's energy supply. Gibney's film reveals how Lay, Skilling, and other execs managed to keep their riches, while thousands of lower-level employees saw their loyalty repaid with the loss of their jobs and their retirement funds. The filmmaker posits the Enron scandal not as an anomaly, but as a natural outgrowth of free-market capitalism. ~ Josh Ralske, Rovi

Rating: 97% http://www.rottentomatoes.com/m/enron_the_smartest_guys_in_the_room/

Rating: 7.7/10 http://www.imdb.com/title/tt1016268/?ref_=tt_rec_tt

Capitalism: A Love Story

Twenty years after his influential debut, Roger & Me, Michael Moore returns to his roots by pulling back the curtain on capitalism to reveal the insidious role it has played in the destruction of the American dream for many people. Back in 1989, auto workers in Flint, MI, were lamenting layoffs and wondering how they would support their families without jobs to pay the bills, or benefits to ensure their health. Flash forward two decades, when cities all across the country are feeling the same pressures that Flint residents were back when GM left them high and dry. With an average of 14,000 U.S. jobs lost every day and taxpayer money constantly being pumped into failing financial institutions, the question must be asked: how long can this go on before the entire system collapses? Is there really any hope for Americans who are losing their homes to foreclosure and seeing their savings get wiped out at an unprecedented rate? In order to seek out an answer to this question and many more, Moore takes a trip to our nation's capitol, engaging average Americans in conversations about the prospect of repairing America's failing, debt-ridden economy along the way. ~ Jason Buchanan, Rovi

Rating: 75% http://www.rottentomatoes.com/m/capitalism_a_love_story/

Rating: 7.3/10  http://www.imdb.com/title/tt1232207/?ref_=tt_rec_tt

Inside Job

Takes a closer look at what brought about the financial meltdown. Producer/director Charles Ferguson (No End in Sight) speaks at length with journalists, politicians, and financial insiders in order to offer a clearer picture of the economic meltdown that hit America starting in 2008. Academy Award winner Matt Damon narrates this unflinching look at the deep-rooted corruption that has left millions of middle-class Americans jobless and homeless as the major corporations get bailed out while paying millions in bonuses. ~ Jason Buchanan, Rovi

Rating: 98% http://www.rottentomatoes.com/m/inside_job_2010/

Rating: 8.2/10 http://www.imdb.com/title/tt1645089/