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    The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (Paperback) By (author) Bethany McLean, By (author) Peter Elkind

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    DescriptionWhat 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.


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  • Full bibliographic data for The Smartest Guys in the Room

    Title
    The Smartest Guys in the Room
    Subtitle
    The Amazing Rise and Scandalous Fall of Enron
    Authors and contributors
    By (author) Bethany McLean, By (author) Peter Elkind
    Physical properties
    Format: Paperback
    Number of pages: 480
    Width: 128 mm
    Height: 194 mm
    Thickness: 34 mm
    Weight: 322 g
    Language
    English
    ISBN
    ISBN 13: 9780141011455
    ISBN 10: 0141011459
    Classifications

    BIC geographical qualifier V2: 1KBB
    BIC E4L: IND
    Nielsen BookScan Product Class 3: S4.6
    BIC subject category V2: KJ, BT
    Ingram Subject Code: BE
    DC22: 333.790973
    Warengruppen-Systematik des deutschen Buchhandels: 27870
    BISAC V2.8: BUS036000, BUS077000, SCI024000
    BIC subject category V2: KNB, 1KBB
    BISAC V2.8: LAW022000
    Thema V1.0: KJ, KNB, PHDY, DNX
    Publisher
    Penguin Books Ltd
    Imprint name
    Penguin Books Ltd
    Publication date
    30 September 2004
    Publication City/Country
    London
    Author Information
    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.
    Review quote
    ...the most comprehensive picture yet of how the company went off the rails. The sheer accumulation of detail makes it possible for the first time to understand how Enron got away with its blend of hubris and incompetence for so long... This is more than a business story. It is also about what can happen to any institution when weak and complacent leadership allows itself to be swept along by strong vested interests and the mood of the times. Richartd Lambert, ex editor of Financial Times and member of the Bank of England's Monetary Policy Committee