Non Fiction Reader
Enron's financial world was complex and difficult to explain. This book does an excellent job of providng an over-view and details, in an understandable way. It is not a pretty picture, and there are times the reader will gleen a less then objective interpretation (almost a voyeur's glee) in telling some of the details. But then, some are startling. If I were a prosecutor, I would present my case exactly as the book is written. Highly recommend it as informative and entertaining.
I have listened to this book several times and each time I get more out of it. As an investor, I learned how you can't believe even the financial advisors. I'm glad I got the unabridged version.
I wasn't sure purchasing this audiobook was a wise choice. "Thirty hours? Really?" I thought. Having read and seen "The Smartest Guys in the Room," however, this book seemed like the next step. I was not disappointed!! It was like crack in audiobook form. From the first chapter, the listener is drawn into the fascinating financial maelstrom that is the notorious Enron legacy. Eichenwald's writing provides much detail without it being overwhelming, while moving the story along at a compelling pace - not an easy combination to achieve - and Robertson Dean's narration ... I would listen to that man read from the telephone book. I'd have to say this is one of the best audiobooks I've ever listened to. My only recommendation would be to keep a running list of all the players, because so many people are involved.
This book is fascinating and worth listening to. Unfortunately, it places all the blame for Enron on Andrew Fastow and portrays Kenneth Lay and Jeff Skilling as poor innocent children. if you read other sources (for example, the October 2002 Forbes Article "Andrew Fastow, Fall Guy" By Dan Ackman) it is clear that the problem with Enron was endemic and not just one bad apple. If you can stand more of the detail of the financial transaction involved, Enron's demise is more credibly portrayed in "Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron" by Bethany McLean and Peter Elkind. Eichenwald gives too many venal and greedy people free passes to be wholely credible.
I was always interested in the Enron fiasco and "Conspiracy of Fools" provided a very detailed account of the tragic events. I especially appreciated the insights into the specific schemes and how they were implemented. A good listen. Highly recommended.
Very complex but clearly explained--engrossing and impressive--better than fiction--and I cannot imagine how it could be abridged--go for the full version--it's worth every minute--my husband is going to LOVE this one. Road trip.
Who knew that a 30 hour book on the collapse of a company could be so interesting? It is very interesting to hear from the inside how events progressed - and the magnitude of the incompetence of key players in the story.