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What went wrong? Veteran New York Times financial journalist Kurt Eichenwald does an epic job of telling Enron's story in his 742-page tome Conspiracy of Fools. Eichenwald, a finalist for the Pulitzer Prize in 2000, also authored The Informant, an acclaimed account of a vast international price-fixing scandal at Archer Daniels Midland. Conspiracy of Fools tells the Enron tale with a cinematic narrative style, relying almost exclusively on scene and dialogue to bring his account to vivid life. We see how federal regulators opened the doors for the Enron fraud early on when they let the company loosen up its accounting rules and essentially cook its books. We read how Enron bullied Wall Street firms into issuing favorable reports about its share price by threatening to take away lucrative banking fees. Eichenwald also reveals how Enron manipulated electricity prices during the California energy crisis of 2000. Eichenwald's book is less successful in situating the Enron debacle in its wider context--the cycle of market speculation that reached a historic summit in the dot-com bubble. Was Enron just a cautionary sign of the greed and lack of ethics of a few bad apples, or was it more symptomatic of an entire market system? That may be a debate for another book. --Alex Roslin --This text refers to an out of print or unavailable edition of this title.
this book is like none other! very in depth and absorbing i have read it several times . highly reccomendPublished 1 day ago by Sean Maguire
Very interesting how the whole thing went down. Well-written and certainly keeps your attention. It was hard to put down even though I knew the final outcome. Read morePublished 3 days ago by Amazon Customer
We of course know how this ends, and it happened 15 years ago; but, the author tells a fascinating tale on both a personal and technical level which never seems dated. Read morePublished 21 days ago by T. Lucas
If I did not know it was true, you would think you were reading a fiction crime thriller. Very well written, interesting weaving of complex facts. A must read.Published 1 month ago by Kelleigh Busing
What an amazing story about corporate greed. It was a very complicated series of events to follow and I often got lost in keeping track of it all, however, I think the author did... Read morePublished 1 month ago by Kay goracke
Great book. I recommend this read to anyone interested in the Eron debacle in the late 90s early 2000s.Published 1 month ago by Mr College Student
Fantastic read...........great investigative writing. Well researched and thrillingly told story.
My how the mighty fall !!!!!!!!!!
Kurt Eichenwald is the best non-fiction topical writer of this generation.Published 1 month ago by Leo B. Casey