The Smartest Guys in the Room : The Amazing Rise and Scandalous Fall of Enron
by Bethany McLean, Peter Elkind
Editor: Penguin Books Ltd
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What happened with the American company at the end of the 20th centuryUntil the Spring of 2001, Enron, embodying the triumph of the New EconomyFeared by his rivals, worshipped by investors, Enron, apparently, could not hurtIts profits have increased every year; the price of its shares has never jumped up, and its leaders have been hailed as visionaries.Then a young journalist from Fortune, Bethany McLean, wrote an article asking a simple question – how exactly do Enron not make money?In less than a year Enron was faced with humiliation and bankruptcy, the most important in American history, which caused Americans to lose faith in a system that rewards the top insiders with millions of dollars, while small investors have lost everythingIt was revealed that Enron was a company whose activity was only an illusion, an illusion that Wall Street was willing to accept it, even though they knew what the truth was.This book, fully updated for the paperback – tells the extraordinary story of Enron in the fall
Bethany McLean, Peter Elkind – The Smartest Guys in the Room : The Amazing Rise and Scandalous Fall of Enron – Free
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