Enron: The Rise and Fall

Enron The Rise and Fall I d say you were a carnival barker except that wouldn t be fair tocarnival barkers A carnie will at least tell you up front that he s running a shell game You Mr Lay were running what purported to

  • Title: Enron: The Rise and Fall
  • Author: Loren Fox
  • ISBN: 9780471478881
  • Page: 240
  • Format: Paperback
  • I d say you were a carnival barker, except that wouldn t be fair tocarnival barkers A carnie will at least tell you up front that he s running a shell game You, Mr Lay, were running what purported to be the seventh largest corporation in America Senator Peter Fitzgerald R IL to Enron CEO Kenneth Lay, Senate Commerce Science Transportation s Subcommittee, Hear I d say you were a carnival barker, except that wouldn t be fair tocarnival barkers A carnie will at least tell you up front that he s running a shell game You, Mr Lay, were running what purported to be the seventh largest corporation in America Senator Peter Fitzgerald R IL to Enron CEO Kenneth Lay, Senate Commerce Science Transportation s Subcommittee, Hearing on Enron, 2 12 02 The speed of Enron s rise and fall is truly astonishing and perhaps the single most important story of corporate failure in the twenty first century In Enron investigative journalist Loren Fox promises readers nothing short of the most compelling and insightful investigation into Enron s meteoric ascent regarded by Wall Street and the media as the epitome of innovation and its spectacular fall from grace In a lively and authoritative manner, Fox discusses how the biggest corporate bankruptcy in American business history happened, why for so long no one except for an enlightened few saw it coming, and what its impact will be on financial markets, the U.S economy, U.S energy policy, and the public for years to come With access to many company insiders, Fox s intriguing account of this corporate debacle also provides an overview of the corporate culture and business model that led to Enron s high flying success and disastrous failure The story of Enron is one that will reverberate in global financial and energy markets as well as in criminal and civil courts for years to come Rife with all the elements of a classic thriller scandal, dishonest accounting, personal greed, questionable campaign contributions, suicide Enron captures the essence of a company that went too far too fast.

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      240 Loren Fox
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      Posted by:Loren Fox
      Published :2018-04-06T15:12:38+00:00

    One thought on “Enron: The Rise and Fall

    1. Brian

      Fox provides a critical link in the Enron story by focusing on a company history. This book is not really the story of Lay, Skilling and Fastow and the fall of Arthur Anderson. This is a book on how Enron the company rose to prominence and fell just as quickly. From the commoditization of energy trading to the asset light strategy that the company adopted the reader is taken on a step by step process of how the company fell. It is a careful business analysis and not a narrative so if you do not [...]

    2. Themistocles

      A mixed bag, this one. It does give some aspects on Enron's legitimate and early business-making, thus providing some less catchy but still interesting info. But, on the other hand, it totally fails to flesh out the characters involved and portray the high drama that occurred. Even during the company's dramatic last weeks, it reads as if everything was calm and easy-going.In the end: rather boring

    3. Kaylah Hancock

      Not really what I was expecting. This is a book about the history of Enron, going all the way back to the 80's when two company's merged to create the Enron that would change everything. I'm more interested in the later years of the company so this wasn't what I was looking for. The book in general was a dense read filled with inner workings of the industry. It was very informative and if I was interested I would be more inclined to finish it. However it just wasn't at I was looking for.

    4. E

      I officially give up on this book. It is terrible, I know. But it simply doesn't hold my interest long enough for me to make any progress. I declare it - done.

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