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The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron

  • Book
  • 2003
  • #Finance #Economics
Peter Elkind
@PeterElkind
(Author)
Bethany McLean
@BethanyMcLean1
(Author)
www.amazon.com
Paperback
4.6/5 1.3k ratings
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4.20/5 16.9k ratings
3 Recommenders
3 Mentions
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There were dozens of books about Watergate, but only <b>All the President's Men</b> gave readers the full story, with all the drama and nuance and exclusive reporting. And thirty ye... Show More

There were dozens of books about Watergate, but only <b>All the President's Men</b> gave readers the full story, with all the drama and nuance and exclusive reporting. And thirty years later, if you're going to read only one book on Watergate, that's still the one. Today, Enron is the biggest business story of our time, and <b>Fortune</b> senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein.<br /><br />Remarkably, it was just two years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price. But that was before <b>Fortune</b> published an article by McLean that asked a seemingly innocent question: How exactly does Enron make money? From that point on, Enron's house of cards began to crumble. Now, McLean and Elkind have investigated much deeper, to offer the definitive book about the Enron scandal and the fascinating people behind it.<br /><br />Meticulously researched and character driven, <b>Smartest Guys in the Room</b> takes the reader deep into Enron's past—and behind the closed doors of private meetings. Drawing on a wide range of unique sources, the book follows Enron's rise from obscurity to the top of the business world to its disastrous demise. It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. <b>Smartest Guys in the Room</b> is a story of greed, arrogance, and deceit—a microcosm of all that is wrong with American business today. Above all, it's a fascinating human drama that will prove to be the authoritative account of the Enron scandal.

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Number of Pages: 480

ISBN: 1591840538

ISBN-13: 9781591840534

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Warren Buffett @WarrenBuffett
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  • From www.berkshirehathaway.com
A 2003 book that investors can learn much from is Bull! by Maggie Mahar. Two other books I’d recommend are The Smartest Guys in the Room by Bethany McLean and Peter Elkind, and In an Uncertain World by Bob Rubin. All three are well-reported and well-written.
nomad @criticallis1 · Nov 19, 2022
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not new but rejuvenated
Dwarkesh Patel @dwarkesh_sp · Dec 2, 2022
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Highly recommend McLean's book about how Enron fell, The Smartest Guys in the Room
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