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Enron's Stock on the Rise
| Brilliant new drama Enron has announced that due to overwhelming demand the show will extend beyond the end of its current run. The show, which has been nominated for six Olivier Awards, is currently playing at London's Noel Coward Theatre. |
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A Tale of Corporate Greed and MismanagementEnron is inspired by the real-life story of one of America’s largest corporate bankruptcies. The Texas energy giant employed 29,000 staff and boasted $70 billion of assets. With a business plan based on smoke and mirrors, debts became profits and directors took home multi-million dollar bonuses. Chairman Ken Lay appointed hot-shot CEO Jeffrey Skilling, and the two men became known as ‘the smartest guys in the room’.Jeffrey Skilling had big ideas for Enron, the largest one being that, instead of remaining an energy company, Enron should become a stock market for oil and gas. Under Skilling greed was good; until company profits started to plummet. Skilling called on Chief Financial Officer Andy Fastow to help him cover up the mess. The financial whiz-kid created dozens of subsidiary companies, all designed to hide Enron’s losses. The countdown to bankruptcy had begun. |
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Financial Crisis Brought to LifeAfter narrowly missing out to Jerusalem as ‘Best New Play’ at the Evening Standard Awards in November, Enron is again in the running at the 2010 Laurence Olivier Awards. The other Olivier Award nominations include ‘Best Actor’ for Samuel West (Jeffrey Skilling), ‘Best Supporting Actor’ for Tim Piggott-Smith (Ken Lay), ‘Best Director’ for Rupert Goold, ‘Best Lighting Design for Mark Henderson’ and finally ‘Best Set Design’ for Anthony Ward. |
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Posted by Ben on Monday 8th March 2010 at 6:03PM
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