Enron: The Smartest Guys in the Room

If you have not seen this movie, you should. While it captures the worst in human nature and the dangers of unchecked corporate and political cronyism, particularly with the exploitation of the California energy crisis, it unfairly lays the blame on deregulation. The California crisis did not happen because of deregulation, it happened due to a lack of competition - had Enron not been the only game in town, they would not have been able to inflate energy prices one hundred-fold and give the state no other choice than pay for it.