Enron: The Smartest Guys in the Room

The film begins with a profile of Kenneth Lay, who founded Enron in 1985. In 1987, the company becomes embroiled in scandal after two traders begin betting on the oil markets, resulting in suspiciously consistent profits. One of the traders, Louis Borget, is also discovered to be diverting company money to offshore accounts. Auditors uncover their schemes, but Lay encourages them to "keep making us millions". However, the traders are fired when it is revealed they gambled away Enron's reserves; the company is narrowly saved from bankruptcy by the timely intervention of executive Mike Muckleroy, who managed to bluff the market long enough to recover Borget's trading losses and prevent a margin call. Lay later denies having knowledge of any wrongdoing.