The fall, in 2001, of the much-touted corporate giant the Enron Corporation made headlines as billions of dollars virtually disappeared and reports of corporate malfeasance surfaced. Investors--including pension plans, Enron employees, and ordinary Americans--were left stunned, angry, and broke. A concerned public asked how it happened, and wanted ...
Enron whistle-blower Watkins and journalist Swartz collaborate on this insider's account of the subterfuge, its unmasking, and the subsequent consequences that all contributed to the fall of Enron. POWER FAILURE details not only the questionable business practices inside the Houston-based energy broker, but also the hedonistic excesses that ...
"I'd say you were a carnival barker, except that wouldn't be fair tocarnival barkers. A carnie will at least tell you up front that he's running a shell game. You, Mr. Lay, were running what purported to be the seventh largest corporation in America." - Senator Peter Fitzgerald (R-IL) to Enron CEO Kenneth Lay, Senate Commerce Science & ...
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