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Power Failure: The Inside Story of The Collapse of Enron

Mimi Swartz, Sherron Watkins




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 | #495679 in eBooks |  2003-03-25 |  2003-03-25 | File type: PDF

||4 of 5 people found the following review helpful.| A book with good utility.|By Winston Kotzan|Everyone is familiar with the story of Enron Corporation, but do they really know what factors initiated the destruction of this world-respected company? While the outcome is obvious, few people are knowledgeable about the cause of this atrocity. The media spun this news event into a tale of good guys versus bad guys - the powerful|.com |Something strange happened to the Enron Corporation in the early 1990s: It went from a company that traded in tangible goods to one that dealt in pure abstractions, with shoddy accounting practices, astonishing compensation packages, and smoke and mirrors

“They’re still trying to hide the weenie,” thought Sherron Watkins as she read a newspaper clipping about Enron two weeks before Christmas, 2001. . . It quoted [CFO] Jeff McMahon addressing the company’s creditors and cautioning them against a rash judgment. “Don’t assume that there is a smoking gun.”
Sherron knew Enron well enough to know that the company was in extreme spin mode…

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You can specify the type of files you want, for your gadget.Power Failure: The Inside Story of The Collapse of Enron   |  Mimi Swartz, Sherron Watkins. Which are the reasons I like to read books. Great story by a great author.

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