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, worshiped by investors, Enron seemingly could do no wrong; its leaders were hailed as visionaries. Then, in March 2001 a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money?
Within a year it was revealed that Enron was a company whose business was an illusion, fuelled by billions of dollars in transactions and off-balance deals that stretched-and broke- the rules. Scandal and investigation led to humiliation and bankruptcy, the largest in US history. It was an event that sent shivers around the world, tainted the President, and called into question a system that rewarded top insiders with millions of dollars, while small investors lost everything.
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Bethany McLean was a former investment banking analyst for Goldman, Sachs. She is a senior writer at Fortune. Elkind, an award-winning investigative reporter, is the author of The Death Shift. He has written for Fortune, The New York Times Magazine and The Washington Post
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Paperback. Zustand: Very Good. 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. The subsequent unravelling of the truth would bring down CEOs, taint the President, destroy the accountants Arthur Andersen, and call into question corporate governance throughout the US. It was the beginning of the end of confidence in American stakeholder capitalism. This is an in-depth investigation of the fall of Enron. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Bestandsnummer des Verkäufers GOR002740271
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Anbieter: Books that Benefit, Fawley, Vereinigtes Königreich
Hardcover. Zustand: Fine. Zustand des Schutzumschlags: Near Fine. 1st Edition. Black hard cover - Fine. In DJ - Near Fine. 435 pages with additional illustrations. Page edges beginning to brown otherwise Content Fine. (866g) Photo on request. As Books that Benefit gives the proceeds from the sale of this book to charity correct postage will be asked for when more than default price quoted. Bestandsnummer des Verkäufers 007320
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