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Pursuing a methodical analysis of the causes and lessons of Enron's collapse, this book seeks to understand the management behaviour and practices that led Enron down the path from innovation to fraud, how the board of directors failed to detect the risks in the company's strategies and why external agencies failed to step in.
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In late 2001, the Enron Corporation--a darling of the financial world, a company whose executives were friends of presidents and the powerful--imploded virtually overnight, leaving vast wreckage in its wake and sparking a criminal investigation that would last for years. Journalist Eichenwald transforms the Enron scandal into a rip-roaring narrative of epic proportions, suitable for readers of thrillers and business books alike. In the roller-coaster...
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