Say the name 'Enron' and most people believe they've heard all about the story that imperiled a presidency, destroyed a marketplace, and changed Washington and Wall Street forever. But in the hands of Kurt Eichenwald, the players we think we know and the business practices we think have been exposed are transformed into entirely new, and entirely gripping, material. The cast includes but is not limited to George W. Bush, Dick Cheney, Paul O'Neill, Harvey Pitt, Colin Powell, Gray Davis, Arnold Schwarzenegger, Alan Greenspan, Ken Lay, Andy Fastow, Jeff Skilling, Bill Clinton, Rupert Murdoch, and Michael Eisner. Providing a you-are-there glimpse behind closed doors in the executive suites of the Enron Corporation, the Texas governor's mansion, the Justice Department, and even the Oval Office, Conspiracy of Fools is an all-true financial and political thriller of cinematic proportions.
This audio also includes an exclusive interview with the author and a "cast of characters" list.
©2005 Kurt Eichenwald; (P)2005 Random House, Inc. Random House Audio, a division of Random House, Inc.
"As an unadorned attempt to get into the heads of some major manipulators, this book can hardly be bettered." (Publishers Weekly)
"Conspiracy of Fools is a splendid achievement. Mr. Eichenwald has an encyclopedic grasp of a watershed business collapse, and has turned it into a gripping read, a true tale for our times." (The New York Times)
"A page-turning financial thriller....This book compares with Liar's Poker and Barbarians at the Gate in its breadth and depth of coverage of esoteric corporate culture and financial practices, recognizing the compelling human drama beneath the scandal." (Booklist)
This is one of the best books I have ever "read". It's a great crime novel, unfortunately a true story. The author makes it very easy to understand all of the theft and fraud that took place at Enron. Do not feel daunted by the length of the book. It is a compelling listen.
Eichenwald does a great job of putting the listener right into the picture of what was going on at Enron. You feel as if you were looking over the shoulders of the key players as it was happening.
Again this is one book that the detail is absolutely supreme,Very well reconstructed! Absolutely two thumbs up great work Kurt Eichenwald !!!!!!!!!!
Riveting. The factual details used in the "story" and the way the author built the plot, step by step, made it hard to imagine how this could have happened -- it is no wonder our economy took such a shock from this and the other corporate scandals that took place in that era.
Fascinating! Highly recommended!
This is a review of the factual elements of the building and decline of the now household word:
Enron. Appropriately titled - it's a modern version of the Emporer's New Clothes
The book is very well read, but the author focuses a little too much on pinning the blame solely on Andrew Fastow. It's hard to believe that he fooled everyone. Could have been more balanced by holding the other characters accountable (Skilling, Lay, board members), and should have focused more on Capitol Hill support / involvement in this whole mess. Nevertheless, the book does offer insights into a series of complex actions and transactions that led to the demise of Enron. Jury is still out, though (literally). I gave it only 3 stars as I feel the material only covers 60% of the "real story". Great reader, though.
Then get the audio book Conspiracy of Fools: A True Story by Kurt Eschewal. Listening to this won?t get you a degree, but it will let you know what is going on?and it will keep you awake too.
The writer has done a fantastic job?and I say this as a fellow-writer. It is practically a movie script written as a novel?including settings, actions and expressions for the actors. The narrator should get a medal too.
This could be a TV series?but this won?t happen because it is too embarrassing. It wasn?t just some Enron executives who were fools, it was America itself. The dot-com boom was the biggest foolishness America ever experienced, an experience it may never recover from. It destroyed some of our basic values. It put the system firmly in control.
It?s easy to see what happened from a distance, or at least it seems easy. But when you look at the details, as this book does, you see how many people were involved?some of them striving mightily to keep it from happening; some of them, like Ken Lay, so enraptured with his power he couldn?t see what was going on under this nose; and the white-collar criminals who thought they would get away with it?and almost did. And everything in-between, including accountants who looked the other way, while holding out their hands.
Reality is very complicated, and it is tempting to simplify it into a morality play, and just through the bastards in jail. But if greed and stupidity were crimes, no jails would be big enough. And greed and stupidity are becoming bigger, not smaller?becoming global.
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