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The Smartest Guys in the Room

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The Smartest Guys in the Room

The Amazing Rise and Scandalous Fall of Enron

Format

Paperback / softback

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The Smartest Guys in the Room by Bethany McLean
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Description

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.

Author Biography

Bethany McLean and Peter Elkind are Fortune senior writers. McLean's March 2001 article in Fortune, "Is Enron Overpriced?," was the first in a national publication to openly question the company's dealings. Elkind, an award-winning investigative reporter, has written for The New York Times Magazine and The Washington Post.
Release date NZ
September 30th, 2004
Country of Publication
United Kingdom
Imprint
Penguin Books Ltd
Pages
480
Dimensions
129x198x29
ISBN-13
9780141011455
Product ID
1684138

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