Conspiracy of Fools

Enron was one of the greatest corporate scandals of our time. It was the first of several major corporate meltodowns at the beginning of the 21st century. If you are not an expert on business, finance and the stock market you probably don't have the background to understand what the company did. Fortunately, you do not have to be, because Kurt Eichenwald, an investigative reporter for the New York Times, has done all the research for you. In this thouroughly investigated book, he details the history of the company, its myriad of legitimately legal and questionably legal partnerships and side deals. He shows how the auditing company, Arthur Anderson, justified approving deals that, at the very least, appear improper. He champions the heros of Enron, such as, Sharon Watkins who tried in vain to warn Ken Lay about the impending doom that was about to overtake the company. I would recommend this book to anyone who really wants to know what happened at Enron, as well as, anyone in business. There were so many "little" things that if they had been acted upon properly would have saved the company, the shareholders and the employees their livelihoods. It is a warning to us all that the ends do not justify the means.