The three movies were very ethically wrong and there were a lot of interesting information that I didn’t know. The Ethical Dilemma that I noticed in the movie Enron: The Smartest Guys in the Room, occurred with 46 minutes left in the movie. It was at this point that Enron, had many new energy deregulation laws in California, they found a way to spike energy prices for the state of California in order to increase profits for the company. The traders at Enron would export energy from their power plants in California to other states. This would leave very little supply in California, causing prices to spike. Also because of the low supply of energy, blackouts were common across California. Enron learned that they could shut-down power plants temporarily for up to 3 or 4 hours in California in order to lower supply which in turn would raise prices for the people of California. Unfortunately Enron was not breaking any laws stated by California, but the company was acting unethically by charging consumer hundreds of percent higher energy costs in order to bump up their own profits.
Throughout several years, many high-level executives at the …show more content…
Later this system received a name, a "legal kickback", and because of this he became the biggest dealer in the U.S. stock market. When some people questioned the ethics of these payments, Madoff replied that those payments did not change the price that the customer received, and were a legal business transaction.some people still had there suspiions so they dug deeper into Bernard Madoff. The SEC investigated Madoff's fraudulent practices and they had concerns that his firm did not show its customers orders to other traders, but they could not find anything illegal at that