The Smartest Guys in the Room
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Engelsk
The fall of Enron was much more than a business scandal. Not only did the events of October 2001 have a more damaging effect on the markets than 9/11 but, like Watergate, it was an event that sent shi...
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Forlagsbeskrivelse af The Smartest Guys in the Room af Bethany McLean
The fall of Enron was much more than a business scandal. Not only did the events of October 2001 have a more damaging effect on the markets than 9/11 but, like Watergate, it was an event that sent shivers throughout the whole world. This is an in-depth investigation of the fall of Enron. 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.
Detaljer
Forlag
Penguin Books Ltd
ISBN
9780141011455
Sprog
Engelsk
Sider
480
Udgivelsesdato
30-09-2004
Format
Paperback
Varenr.
1575119
EAN nr.
9780141011455
Varegruppe
Management
Højde/Dybde (mm)
136
Bredde (mm)
196
Længde (mm)
30
Vægt (g)
336
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