Power Failure
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Home > Law > Laws of specific jurisdictions > Financial law: general > Bankruptcy and insolvency > Power Failure: The Inside Story of How Enron's Culture of Arrogance and Greed Led to the Biggest Bankruptcy in American History
Power Failure: The Inside Story of How Enron's Culture of Arrogance and Greed Led to the Biggest Bankruptcy in American History

Power Failure: The Inside Story of How Enron's Culture of Arrogance and Greed Led to the Biggest Bankruptcy in American History


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About the Book

From inside the walls of Enron, a lone whistleblower attempted to avert the course of events leading to the largest bankruptcy in American history. On August 16, 2001, Sherron Watkins wrote an anonymous letter to Enron's Chairman, Ken Lay, laying out problems with Enron's use of partnerships to hide debt. She warned of a possible scandal that could topple the company if investors and the news media learned of the operations. Then, she revealed her identity and confronted Lay directly. Lay did nothing, and the scandal broke, sending Enron's stock price into the basement and wiping out the life savings of many thousands of people. Hear how Enron's culture of greed and the relentless cutting of moral corners led to the ultimate disaster, as told by an insider.

Review :
"A lucid account of the Enron debacle that may be the best informed and best written to date." --Andrew Hill, "Financial Times" "A compelling history of Enron . . . offering a savvy interpretation of its subject." --"Washington Post Book World " "Paints the most detailed portrait yet of the company's ambitious executives and toxic culture." --"Business Week" "Colorful, movie-treatment narrative style" --"Entertainment Weekly" "The book most Enron watchers have been waiting for." --"New York Daily News" "Reads like Tom Wolfe himself." --"Daily Telegraph" "From the Trade Paperback edition."


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Product Details
  • ISBN-13: 9780736692885
  • Publisher: Books on Tape
  • Publisher Imprint: Books on Tape
  • Height: 173 mm
  • Returnable: N
  • Sub Title: The Inside Story of How Enron's Culture of Arrogance and Greed Led to the Biggest Bankruptcy in American History
  • Width: 170 mm
  • ISBN-10: 0736692886
  • Publisher Date: 25 Mar 2003
  • Binding: CD-Audio
  • Language: English
  • Spine Width: 46 mm
  • Weight: 499 gr


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