The January 20th Analyst's Conference at Enron, discussing EBS and the direction of the company. From the book "Securing the Network." www.amazon.com...
Wow! It is 2023 and i can not wait to buy some Enron stock. We are all really excited about this unique opportunity. As Jeff says, these are really conservative estimates. This is a impressive, aggressive, and comprehensive presentation. These are the smartest guys in the room. As Jeff says, Enron Broadband alone will add $37.00 value a share! I am buying now💥😳👀👍
Jeff Skilling was a very intelligent, charismatic, articulate and creative individual. Watching him here makes it easy to see why people followed him and believed in him. Who wouldn't, or couldn't follow and believe in him. Ultimately he duped them. He had huge talents as did many that worked at Enron. What a pity so much talent couldn't have been used positively. Skilling shouldn't be excused, forgiven or portrayed positively. He mislead so many and he caused huge harm. How many tragedies resulted from the goings on at Enron? People lost their jobs, their savings and their dignity and consequently their well-being and their lives. So, what went wrong? Greed, aggression, arrogance and a preoccupation to dominate - all of these and more. These guys cannot be excused. Perhaps they actually believed in the falsehoods and sinister the manipulations that went on and in which they participated. I just finished 'The smartest guys in the room' and I enjoyed it immensely - a great read.
Yes, he is extremely intelligent. The man invented the futures for gas. I am half way through the book. All I see is an INTP who is extremely intelligent yet ungrounded. From the start he was more interested in the ideas, the theory and not the application. His fault is that he was extremely arrogant, he didn't listen to criticism, everyone was simply stupid for him. Even the use of Mark to market was not initially to mislead investors and inflate earnings. It was because of arrogance, ego and selfishness he wanted all the achievements to be accredited to him. As for Ley, I doubt that he even understood what skilling was doing. Skilling wanted everything to be complex and intellectually stimulating. Thus most people didn't really understand what was going on. I still see skilling as of delusional more than a sociopath or so... Neither was ley, he was just a weak CEO who didn't pay much attention to his job. Also the SEC actually agreed on letting Enron use the mark to market...
It's funny how I know perfectly well how much of it is total BS that didn't work in practice and yet I'm still getting excited by the presentation. They surely knew how to sell!
I think you fail to understand what was real, and what worked. The BS was the Bush administration destroying companies and jobs for no reason other than a political witch hunt. All of the Enron technology presented in these videos was real and worked. They rolled out "Blockbuster At Home" services in trials with real set top boxes and it worked. The vidoes I have posted show it, and I am close friends with many of the people who worked on it.
@@NathanGregoryAuthor Could you elaborate on how you think the Enron scandal was a witch hunt? I’m genuinely curious as I’ve always wondered if there was more to the story.
I am baffled by the depth and accuracy of this presentation. It's very compelling and sharp. You also have to take into account that IT infrastructure is radically different from gas and electricity commodity still they are very audacious about spearheading the broadband industry. They are able to see similarities and powerful concepts that can be drawn from their previous knowledge. This wasn't where they came from but still they are able to show immense strength and accurate strategizing throughout the whole presentation! It would be interesting to compare their vision of the future of broadband market and how it actually evolved. They were very right about market growth - especially for the video streaming segment, finding ways to optimize content delivery through intelligent packaging, network edge caching, many of these methods are used today. I am very interested in their interpretation of the dynamic bandwidth. This doesn't exist on a consumer level where you always have the same peak capacity but between service providers but it could make more sense for content providers such as Netflix when they try to preload their content library on edge locations.
Keep in mind that EBS was NOT Enron, and had no role whatever in the machinations within Enron Corporate. EBS was a company purchased by Enron, and mostly had their own management. Many of the innovative folks that did things right came from MFS, the company that built MAE East and the commercial Internet backbone. The entire story is in my books, www.amazon.com/gp/product/B01N4CQX1F and www.amazon.com/gp/product/B07BCJHJHQ
I think they legitimately tried to do things well. All their loans they got they used as collateral the bet that the Enron stock would never go down. Like any diminishing ponzi scheme they hid their failures and became increasingly desperate. To me the California debacle definitely crossed the line. Whether they were blinded by greed to not realize what would happen by toying with the power plants. Or if they knew ahead of time I don't know. I've watched as much on Enron, Fastow, Lay, Skilling as anyone. Just my insight. I won't check back so let the hate fly.
Actually I concur ...I have been studying Enron for some time now ...they did not see the point where the company could not recover....they reached a point of being too big to fail
Very true. I detail this in my book, www.nathangregoryauthor.com/securingthenetwork MFS and Enron both advanced networking services immensely, and all of it happened in large part due to the vision of one man.
@@albertp-w4d Which book? All my books are online, on Amazon. The latest is www.amazon.com/dp/B09YNG2JD3 and you can go to my author page for the rest at: www.amazon.com/stores/Nathan-Gregory/author/B00QZHIIBK
@@albertp-w4d Sorry, I am only seeing your message via alert, I don't know what book you mean. My bookas are all on Amazon, my author's page is: www.amazon.com/stores/Nathan-Gregory/author/B00QZHIIBK
Enron could have been Netflix-Roku and cable services combined and owned Hollywood today. If they would've been able to hang on until 2006. That would have been a crappy world! They would have done to the internet what they did to California electrical service in 2000.
Andy Fastow is now going around the country lecturing HR professionals about leading with Ethics and Morals. That's rich. www.leadershipexcellenceanddevelopment.com/speakers/andy-fastow
If you have all this business intellect and a huge company before you why not actually be the real company that your pretending to be why keep this hoax going when you can just choose to do what he claims they are doing just get smart people on top of it to pursue this stuff
Visionaries? Awesome? So cool? How do I invest? I've been a network engineer in both Telcos and IT for over 20 years and I've never heard so much utter hypothetical bullshit in my life. No wonder it didn't work and they ended up selling off all the fiber, servers and switches...and booked it as revenue 🤣
Simply because they didn't recover fast enough....they did not have a risk mitigation plan. They were smart crooks but you need a brilliant crook to create an infallible safety net
@@nadavegan - it seems doofus, that the so called and defined regulation fails over and over again. But I guess you’re always right although the facts are otherwise.
@@darinattard3244 I see English isn't your first language. Apparently not your second, third or fourth, either. Your solution is more regulations that will fail over and over again. Clear, well-reasoned thinking!
This is awesome. So cool hearing Jeff Skilling talking about long term 2008 growth
Wow! It is 2023 and i can not wait to buy some Enron stock. We are all really excited about this unique opportunity. As Jeff says, these are really conservative estimates. This is a impressive, aggressive, and comprehensive presentation. These are the smartest guys in the room. As Jeff says, Enron Broadband alone will add $37.00 value a share! I am buying now💥😳👀👍
Such a visionary, How do I invest?
I know right?? How do I invest too?
Did either one of you figure out how to invest? I want to invest too.
Ha ha 😂.
Thanks for uploading this
Jeff Skilling was a very intelligent, charismatic, articulate and creative individual. Watching him here makes it easy to see why people followed him and believed in him. Who wouldn't, or couldn't follow and believe in him. Ultimately he duped them. He had huge talents as did many that worked at Enron. What a pity so much talent couldn't have been used positively.
Skilling shouldn't be excused, forgiven or portrayed positively. He mislead so many and he caused huge harm. How many tragedies resulted from the goings on at Enron? People lost their jobs, their savings and their dignity and consequently their well-being and their lives.
So, what went wrong? Greed, aggression, arrogance and a preoccupation to dominate - all of these and more. These guys cannot be excused. Perhaps they actually believed in the falsehoods and sinister the manipulations that went on and in which they participated.
I just finished 'The smartest guys in the room' and I enjoyed it immensely - a great read.
I would have done my best for him too. It's easy to see why.
Yes, he is extremely intelligent. The man invented the futures for gas. I am half way through the book. All I see is an INTP who is extremely intelligent yet ungrounded. From the start he was more interested in the ideas, the theory and not the application. His fault is that he was extremely arrogant, he didn't listen to criticism, everyone was simply stupid for him. Even the use of Mark to market was not initially to mislead investors and inflate earnings. It was because of arrogance, ego and selfishness he wanted all the achievements to be accredited to him. As for Ley, I doubt that he even understood what skilling was doing. Skilling wanted everything to be complex and intellectually stimulating. Thus most people didn't really understand what was going on. I still see skilling as of delusional more than a sociopath or so... Neither was ley, he was just a weak CEO who didn't pay much attention to his job. Also the SEC actually agreed on letting Enron use the mark to market...
Crook
It's funny how I know perfectly well how much of it is total BS that didn't work in practice and yet I'm still getting excited by the presentation. They surely knew how to sell!
I think you fail to understand what was real, and what worked. The BS was the Bush administration destroying companies and jobs for no reason other than a political witch hunt. All of the Enron technology presented in these videos was real and worked. They rolled out "Blockbuster At Home" services in trials with real set top boxes and it worked. The vidoes I have posted show it, and I am close friends with many of the people who worked on it.
This is actually exactly how broadband networks function. Tard.
@@NathanGregoryAuthor Could you elaborate on how you think the Enron scandal was a witch hunt? I’m genuinely curious as I’ve always wondered if there was more to the story.
@@JB-qt3wo Start here: www.fscottyeager.com/dojmotivations
I am baffled by the depth and accuracy of this presentation. It's very compelling and sharp. You also have to take into account that IT infrastructure is radically different from gas and electricity commodity still they are very audacious about spearheading the broadband industry. They are able to see similarities and powerful concepts that can be drawn from their previous knowledge. This wasn't where they came from but still they are able to show immense strength and accurate strategizing throughout the whole presentation!
It would be interesting to compare their vision of the future of broadband market and how it actually evolved. They were very right about market growth - especially for the video streaming segment, finding ways to optimize content delivery through intelligent packaging, network edge caching, many of these methods are used today. I am very interested in their interpretation of the dynamic bandwidth. This doesn't exist on a consumer level where you always have the same peak capacity but between service providers but it could make more sense for content providers such as Netflix when they try to preload their content library on edge locations.
Keep in mind that EBS was NOT Enron, and had no role whatever in the machinations within Enron Corporate. EBS was a company purchased by Enron, and mostly had their own management. Many of the innovative folks that did things right came from MFS, the company that built MAE East and the commercial Internet backbone. The entire story is in my books, www.amazon.com/gp/product/B01N4CQX1F and www.amazon.com/gp/product/B07BCJHJHQ
Smoke and Mirrors. Pretty surreal to see this now.
th-cam.com/video/NUwjzn_bp5k/w-d-xo.html
I think they legitimately tried to do things well. All their loans they got they used as collateral the bet that the Enron stock would never go down. Like any diminishing ponzi scheme they hid their failures and became increasingly desperate. To me the California debacle definitely crossed the line. Whether they were blinded by greed to not realize what would happen by toying with the power plants. Or if they knew ahead of time I don't know. I've watched as much on Enron, Fastow, Lay, Skilling as anyone. Just my insight. I won't check back so let the hate fly.
Bro you are the prime type of person they like.
No sir, no hate here. Enron was very much love as long as they kept giving people money. No sir, no hate here.
Actually I concur ...I have been studying Enron for some time now ...they did not see the point where the company could not recover....they reached a point of being too big to fail
The fact is the service we see today may not have existed or be as efficient if Enron hadn't pushed the market for it
Very true. I detail this in my book, www.nathangregoryauthor.com/securingthenetwork
MFS and Enron both advanced networking services immensely, and all of it happened in large part due to the vision of one man.
@@NathanGregoryAuthor fantastic nathan and sounds like a good read that I will definitely be checking out. Thanks Bud
@@NathanGregoryAuthor What happened to the book i can't find it online for sale
@@albertp-w4d Which book? All my books are online, on Amazon. The latest is www.amazon.com/dp/B09YNG2JD3 and you can go to my author page for the rest at: www.amazon.com/stores/Nathan-Gregory/author/B00QZHIIBK
@@albertp-w4d Sorry, I am only seeing your message via alert, I don't know what book you mean. My bookas are all on Amazon, my author's page is: www.amazon.com/stores/Nathan-Gregory/author/B00QZHIIBK
OMG!! Jeff has been released after 12 years!!
Trump is going to appoint Skilling as the new White House Chief Of Staff.
Yep and started a private company....I was thinking about looking him up
Pretty impressive if you consider that TH-cam would not even be a thing until 2005.
Imagine if Enron actually succeeded and got control of the internet market. What would our internet bills look like today?
As opposed to AT&T and Verizon? If you imagine they are any less villainous, you might lack imagination.
Enron would have been fine if they'd kept Rich Kinder.
Never would've happened. Their whole business model was fiddling with numbers, nothing of substance
@@reneeg7286 you're smart. That is very true look he is now a billionaire himself.
This morning, Jeff is not talking about broadband. He's talking about prison food
He is a free man :) whooop, back to business!
basically- we're going to deliver bandwidth in a way that no one is going to have the hardware to be able to utilize for another 10 years.
Ur watching this video thx to Enron broadband network system
can version with (generated) subtitles be found?
Enron could have been Netflix-Roku and cable services combined and owned Hollywood today. If they would've been able to hang on until 2006. That would have been a crappy world! They would have done to the internet what they did to California electrical service in 2000.
where do I invest??
Ha ha.
Send me chek. I invest good for you. Plenty moneyz.
Wonderful company,i would like to be part of it.How can i apply for a job??
Ha ha 😂.
Andy Fastow is now going around the country lecturing HR professionals about leading with Ethics and Morals. That's rich. www.leadershipexcellenceanddevelopment.com/speakers/andy-fastow
The famous “Enron multiple”
24:38 John McLain….. lmfao! 😂😂😂
Where do i submit my resume
Oh good lord. Is this the fella that liked inviting prostitutes to his corporate parties.
Happy Day no that was Lou pai
@@chicagoeconomist1643 it was all of them lol
I’m pretty sure he did. In the lodge.
That was Lou Pai. He’s an environmentalist now.
“I’d rather be lucky than smart, on any day of the week”
How did that work out for you , Jeffrey?
Imagine if Enron was around during crypto era 😂🇺🇸
When Killing got out of prison, he toyed with the idea, but I don't think he followed through. That should tell you something about crypto.
ftx
If you have all this business intellect and a huge company before you why not actually be the real company that your pretending to be why keep this hoax going when you can just choose to do what he claims they are doing just get smart people on top of it to pursue this stuff
God everything is so vague…no specifics.
@1:23:18 here I am asking you to invest in my billion-dollar internet business. If you have questions, I am available by telephone.
Visionaries? Awesome? So cool? How do I invest? I've been a network engineer in both Telcos and IT for over 20 years and I've never heard so much utter hypothetical bullshit in my life. No wonder it didn't work and they ended up selling off all the fiber, servers and switches...and booked it as revenue 🤣
No, the question is WHY did about 30K people lose their jobs, investments, retirement, savings.
You’re welcome.
Simply because they didn't recover fast enough....they did not have a risk mitigation plan. They were smart crooks but you need a brilliant crook to create an infallible safety net
It will happen many times over as long as economy is not regulated.
Stupid comment. The economy has always been regulated, doofus. No less than the SEC approved much of what Enron did.
@@nadavegan - it seems doofus, that the so called and defined regulation fails over and over again. But I guess you’re always right although the facts are otherwise.
@@darinattard3244 I see English isn't your first language. Apparently not your second, third or fourth, either.
Your solution is more regulations that will fail over and over again. Clear, well-reasoned thinking!
Jeff Skilling was innocent