Cover of the book The Smartest Guys in the Room

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The Smartest Guys in the Room

byBethany McLean, Peter Elkind

Genres: Economics Nonfiction Business Investment Strategies Founding Stories Business Wars Economic Crises

Who is this book for? Readers interested in business ethics, corporate scandals, and economic history.

Topics Corporate ethicsEnergy market manipulationCorporate governanceLeadership failuresEthical decision makingCorruption in corporate americaFinancial scandalsWhite collar crimeCorporate cultureFinancial fraudCorruptionJusticeSurvival

MoodSuspenseful, Reflective

What went wrong with American business at the end of the 20th century?Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could do no wrong. Its profits rose every year; its stock price surged ever upward; its leaders were hailed as visionaries. Then a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money?Within a year Enron was facing humiliation and bankruptcy, the largest in US history, which caused Americans to lose faith in a system that rewarded top insiders with millions of dollars, while small investors lost everything. It was revealed that Enron was a company whose business was an illusion, an illusion that Wall Street was willing to accept even though they knew what the real truth was. This book - fully updated for the paperback - tells the extraordinary story of Enron's fall.

Language

Published on

30/09/2004

Pages

480

Format

Paperback

ISBN

9780141011455

Price Comparison

12.99 £

16.29 €

17.99 €

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