16 books about the biggest business scams of our time — including Enron, Bernie Madoff, and Theranos

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From the financial industry to cars to sports, these books paint a picture of how business scams are built, how they subsequently crash, and how all the involved players are affected.

," detailing the rise and fall of healthcare startup Theranos, certainly reminds us of its truth.

Unfortunately, instances of corporate deceit and fraud like this aren't new. When power and money are at stake, people often trade in their consciences for more immediately gratifying rewards — and face the consequences when their elaborate schemes spiral out of control. The likes of paternal but disengaged CEO Ken Lay, cutthroat man-behind-the-curtain Jeff Skilling, and ethically blind numbers whiz Andy Fastow vividly come to life as they make a mockery of conventional accounting practices and grow increasingly arrogant and bind to their collective hubris.

Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.

 

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Dr. Burry in The Big Short was fun. So there are others that can rock out while working. Or soundtrack out! 🎼 Great film. The collapse had to happen to strip America of its stupidity. It was rolling down the tracks fast.... 🏡

Great list. 🏡

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 /  🏆 729. in TH

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As Ex-Enron CEO Exits Prison, Some of Company’s Old Businesses ThriveFormer Enron CEO Jeffrey Skilling re-enters a world in which some of the businesses built from his old company’s less appreciated assets have become formidable in their own right. Almost forgot about Enron. Thanks for reminding me wsj
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »