Most of the info adapted from the documentary The Smartest Guys in the Room. and from the wikipedia entry on Enron

When Jeffery Skilling was asked by a Harvard Professor if he was smart, the alleged response was “I’m fucking smart” (Damn, thats a lot of confidence). This combination of hubris and belief in big ideas was critical to the downfall of Enron, at one time the largest and most powerful energy company in the world. Through a method known as marks to market booking, Skilling was able to record projection FUTURE revenues as current profit. (When I was making the budget for my boss, even when we book a deal for 100k, we have to spread out the money over a year to make sure everything is even). Continue reading

After Robert Ebert saw Al Gore’s documentary, An Inconvenient Truth, this is what he had to say:

In 39 years, I have never written these words in a movie review, but here they are: You owe it to yourself to see this film. If you do not, and you have grandchildren, you should explain to them why you decided not to.

Global Warming is real

That is not the question. No matter how much oil companies try to throw uncertainty into the arguement, the facts stand for themselves. The question is, what are you going to do about it? has a section on how you can take action. Real simple actions like switching incadescent light bulbs, turning down the thermostat in the winter by 2 degrees and more.

And if you don’t take action, if you ignore this issue, if we as a people choose not to face this issue, we will face another question. And that is from our children and grandchildren. And that question is:

Why didn’t you do anything?