Smartest Guys in the Room The Amazing Rise and Scandalous Fall of Enron
Ratings15
Average rating4.3
15
Ratings15
Average rating4.3
The tenth-anniversary edition of the definitive account of the Enron scandal, updated with a new chapter The Enron scandal brought down one of the most admired companies of the 1990s. Countless books and articles were written about it, but only The Smartest Guys in the Room holds up a decade later as the definitive narrative. For this tenth anniversary edition, McLean and Elkind have revisited the fall of Enron and its aftermath, in a new chapter that asks why Enron still matters. They also reveal the fates of the key players in the scandal.
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books #enron #energy #capitalism
Very long and detailed read about one of the greatest business collapse stories at the end of the 20th century. It shows exactly what can happen when the only thing that matters is stock price and you have incredibly smart people who are willing and capable to do anything to play the market. Sad, but real.
Also interesting contrast with the Rockafeller's biography that I recently read. The incentives were there and they played hard against the competition, but at least they had the decency to be honest and play by the market rules which were transparent.
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