I've now both seen the Enron movie and read the book on which the movie is based. I suppose the one part I would take issue with is the idea that these guys are smart. And clearly, there's a lot of evidence to the contrary. Yes, they were arrogant. Yes, many of them went to Harvard. But, smart?
Maybe the problem is that smart is thought of as some innate unchangeable quality. It seems to me that if your brain gets stuck in a rut, then you are no longer as smart. And if your brain is enslaved to some dumb idea, no matter how fast your brain moves, it's like a hamster on a wheel. It's not going anywhere.
Enron was only possible because the executives were smart enough to spend their money paying people off rather than building things. While that shows a certain short sighted kind of smartness, it's more evil than brilliant.
The Enron executives were not people that it would be particularly entertaining to have dinner with. They are not nice people or broad people or interesting people. They made money by cheating and it shows in their dodgy eyes. George W. has the same eyes by the way and while he is many things, no one has accused him of being smart.
Monday, May 09, 2005
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