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The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
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The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron Paperback - 2004

by Bethany McLean; Peter Elkind

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Just as Watergate was the defining political story of its time, so Enron is the biggest business story of our time. And just as All the President's Men was the one Watergate book that gave readers the full story, with all the drama and nuance, The Smartest Guys in the Room is the one book you have to read to understand this amazing business saga. And the critics agree:
'This book is right up there with Den of Thieves and Barbarians at the Gate. . . . Those who want to learn what happened here, you don't have to read anything but this.' James Cramer, CNBC

'The best book about the Enron debacle to date. . . . Based on hundreds of interviews and fresh details, McLean and Elkind masterfully weave together the many strands of the Enron story. They shine in their characterizations of Enron's often incompetent executives.' Wendy Zellner, BusinessWeek

'News junkies and mystery lovers who enjoy financial scandals will devour this multilayered book. . . . The Smartest Guys in the Room will rival other models of the genre, including James Stewart's Den of Thieves. . . . The authors write with power and finesse. Their prose is effortless, like a sprinter floating down the track. . . . The character sketches of former chairman Kenneth Lay, former CEO Jeff Skilling and ex-chief financial officer Andrew Fastow are masterful.' Edward Iwata, USA Today

'Powerful and shocking. . . . succeed[s] in opening a disturbing window into both the company and the era . . . filled with fascinating characters and anecdotes.' Jonathan A. Knee, The New York Times Book Review

'The Smartest Guys in the Room is utterly professional, readable and even though you know what's coming highly entertaining.' Daniel Gross, The Washington Post

'Meticulously reported and compelling . . . a cautionary tale about highfliers who weren't as clever as they thought.' David Koeppel, Entertainment Weekly

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Portfolio Trade, 2004-09-28. Paperback. Good. Excellent customer service. Prompt Customer Service.
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Summary

There were dozens of books about Watergate, but only All the President's Men 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 Fortune senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein.

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 Fortune 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.

Meticulously researched and character driven, Smartest Guys in the Room 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. Smartest Guys in the Room 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.

From the publisher

Bethany McLean and Peter Elkind are Fortune senior writers. McLean, a former investment banking analyst for Goldman Sachs, lives in New York City. Her March 2001 article in Fortune, "Is Enron Overpriced?," was the first in a national publication to openly question the company's dealings.


Peter Elkind is an award-winning investigative reporter and the author of The Death Shift. He has written for The New York Times Magazine, The Washington Post, Fortune, and Texas Monthly.

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About the author

Bethany McLean and Peter Elkind are Fortune senior writers. McLean, a former investment banking analyst for Goldman Sachs, lives in New York City. Her March 2001 article in Fortune, "Is Enron Overpriced?," was the first in a national publication to openly question the company's dealings.

Peter Elkind is an award-winning investigative reporter and the author of "The Death Shift." He has written for "The New York Times Magazine," "The Washington Post," "Fortune," and "Texas Monthly."