Enron: The Smartest Guys in the Room (Full Version)

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Enron dives from the seventh largest US company to bankruptcy in less than a year in this tale told chronologically. The emphasis is on human drama, from suicide to 20,000 people sacked: the personalities of Ken Lay (with Falwellesque rectitude), Jeff Skilling (he of big ideas), Lou Pai (gone with $250 M), and Andy Fastow (the dark prince) dominate. Along the way, we watch Enron game California’s deregulated electricity market, get a free pass from Arthur Andersen (which okays the dubious mark-to-market accounting), use greed to manipulate banks and brokerages (Merrill Lynch fires the analyst who questions Enron’s rise), and hear from both Presidents Bush what great guys they are.

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The Power of Nightmares: Part 3 - The Shadows in the Cave (Full Version), 3.9 out of 5 based on 7 ratings
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The Power of Nightmares: Part 3 – The Shadows in the Cave (Full Version)

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This final episode addresses the actual rise of al-Qaeda. Curtis argues that, after their failed revolutions, bin Laden and Zawahiri had little or no popular support, let alone a serious complex organization of terrorists, and were dependent upon independent operatives to carry out their new call for jihad. However, the film argues that in order to prosecute bin Laden in absentia for the 1998 U.S. embassy bombings, US prosecutors had to prove he was the head of a criminal organization responsible for the bombings. They find a former associate of bin Laden, Jamal al-Fadl, and pay him to testify that bin Laden was the head of a massive terrorist organization called “al-Qaeda”. With the September 11th attacks, Neo-Conservatives in the new Republican government of George W. Bush use this created concept of an organization to justify another crusade against a new evil enemy, leading to the launch of the War on Terrorism.

After the American invasion of Afghanistan fails to uproot the alleged terrorist network, the Neo-Conservatives focus inwards, searching unsuccessfully for terrorist sleeper cells in America. They then extend the war on “terror” to a war against general perceived evils with the invasion of Iraq in 2003. The ideas and tactics also spread to the United Kingdom where Tony Blair uses the threat of terrorism to give him a new moral authority. The repercussions of the Neo-Conservative strategy are also explored with an investigation of indefinitely-detained terrorist suspects in Guantanamo Bay, many allegedly taken on the word of the anti-Taliban Northern Alliance without actual investigation on the part of the United States military, and other forms of “preemption” against non-existent and unlikely threats made simply on the grounds that the parties involved could later become a threat. Curtis also makes a specific attempt to allay fears of a dirty bomb attack, and concludes by reassuring viewers that politicians will eventually have to concede that some threats are exaggerated and others altogether devoid of reality. “In an age when all the grand ideas have lost credibility, fear of a phantom enemy is all the politicians have left to maintain their power.” More at Wikipedia.

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The Power of Nightmares: Part 3 - The Shadows in the Cave (Full Version), 3.9 out of 5 based on 7 ratings
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2 comments to The Power of Nightmares: Part 3 – The Shadows in the Cave (Full Version)

  • Very informative except, that the fact is that 911 was an inside job carried out by the Cia and Isreali Massad.

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  • Kieron O'Neill

    If the BBC withdrew access to the documentary they obviously felt a little exposed. Why ? I thought that an organisation priding itself on honesty and free news analysis would welcome debate,at whatever level !

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