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• Description:  Enron dives from the seventh largest US company to bankruptcy in less than a year in this tale told chronologically. The emphasis is on human drama, from suicide to 20,000 people sacked the personalities of Ken Lay (with Falwellesque rectitude), Jeff Skilling (he of big ideas), Lou Pai (gone with $250 M), and Andy Fastow (the dark prince) dominate. Along the way, we watch Enron game Californias deregulated electricity market, get a free pass from Arthur Andersen (which okays the dubious mark-to-market accounting), use greed to manipulate banks and brokerages (Merrill Lynch fires the analyst who questions Enrons rise), and hear from both Presidents Bush what great guys these are. Written by jhailey@hotmail.com
• Tags:  enron  smartest-guys-in-the-room  bankruptcy  fraud  
• Added:  11-22-09  Views:  (730)
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