[Mobile book] Power Failure: The Inside Story of The Collapse of Enron






 | #324156 in eBooks |  2003-03-25 |  2003-03-25 | File Name: B000FBJCRG


||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 mirror

“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…

Power Failure
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You easily download any file type for your device.Power Failure: The Inside Story of The Collapse of Enron   |  Mimi Swartz, Sherron Watkins. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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