Library:The Smartest Guys in the Room
| The Smartest Guys in the Room | |
|---|---|
| Author | Bethany McLean & Peter Elkind |
| First published | 2003 |
| ISBN | 978-1-59184-008-4 unverified |
| Role | Analysis |
| Domains | Business, Finance & Scams |
| Tactics | Fraud or Scam Statistical & Evidentiary Distortion |
The Smartest Guys in the Room is a 2003 book by Bethany McLean & Peter Elkind.
Summary
Two Fortune journalists reconstruct the rise and collapse of Enron, then among America's most admired companies. They explain mark-to-market accounting, off-balance-sheet entities and a culture of arrogance. McLean had earlier asked the simple question of how Enron made its money, and nobody could answer. The book shows how complexity can be used as camouflage.