From an award-winning New York Times reporter comes the full, mind-boggling true story of the lies, crimes, and ineptitude behind the Enron scandal that imperiled a presidency, destroyed a marketplace, and changed Washington and Wall Street forever. It was the corporate collapse that appeared to come out of nowhere. In late 2001, the Enron Corporation—a darling of the financial world, a company whose executives were friends of presidents and the powerful—imploded virtually overnight, leaving vast wreckage in its wake and sparking a criminal investigation that would last for years. Kurt Eichenwald transforms the unbelievable story of the Enron scandal into a rip-roaring narrative of epic proportions, taking readers behind every closed door—from the Oval Office to the executive suites, from the highest reaches of the Justice Department to the homes and bedrooms of the top officers. It is a tale of global reach—from Houston to Washington, from Bombay to London, from Munich to Sao Paolo—laying out the unbelievable scenes that twisted together to create this shocking true story. Eichenwald reveals never-disclosed details of a story that features a cast including 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 Sumner Redstone. With its you-are-there glimpse into the secretive worlds of corporate power, Conspiracy of Fools is an all-true financial and political thriller of cinematic proportions.
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"This almost 700 page book went by quickly - absolutely brilliant book. What an incompetent group of management and executives of Enron - unbelievable. This book was like a financial thriller, better than John Grisham's novels, definitely a movie material. Now what am I going to read after this? Too bad that people at m office, who got this book as free gift from the author for going to the fraud detection conference about 3 weeks ago, do not read books. I didn't go to the conference, and one of them gave me this book thinking I'd love it. She was so right."
— Maki (5 out of 5 stars)
" Anyone curious about life in a big company and how business can go so terribly, terribly wrong, should read this book as well as "The Smartest Guys in the Room." Groupthink, hubris, greed, delusion: if it was fiction you'd think it was too bizarre to be believable. "
— Suzanne, 2/10/2014" I feel like I just emerged from a graduate course on the collapse of Enron. Nobody was innocent, but Fastow emerges as the source of the rot within the company, destroying anyone that challenged him along the way. So it was with shock that I learned he became a key witness for the DoJ against Skilling and would have been for Lay's trial, and ultimately received a scandalously shorter sentence. It is a genuine miscarriage of justice that he walks free in the Houston area today, while Skilling has at least another decade to go. "
— Brad, 2/7/2014" Did the audio book on this one. This one is a page turner for the business student. How a top 50 company uses mark to market accounting process and makes the principles of ENRON CORP. millions and millions of dollars. Easy to understand and makes me glad I am out of the business rat race. "
— Bluesboy1952, 2/3/2014" The second time around listening to this book is just as good as it was the second time. In some ways it is better the second time, as I am not straining to remember new names and occupations and their positions within Enron. I could concentrate on the workings of the company and follow the insanity of their accounting practices. A great book. "
— Gail, 1/10/2014" probably of narrow interest, but for people into business scandals, a good read. interesting choice to rarely deviate from novel-istic form. passages are VERY short, often only 3 or 4 grafs, and generally have a single P.O.V. of one of the handful of sympathetic people inside Enron. footnotes of sources are supremely meticulous, which i liked. "
— Lee, 1/9/2014" As good as it gets in terms of business non-fiction. A comprehensive account of Enron's fall. Astonishing. "
— Leo, 1/2/2014" History of Enron astonishly written in the genre of a Crichton or Grisham novel. I always wondered what the 'real' story was beneath the debaucle. "
— Christine, 12/23/2013" The author jumps around too much. Could not get a clear picture. "
— Greg, 11/26/2013" A story of a horrible event in our country's history - well told. "
— Rita, 11/21/2013" This is an eye opener about the downfall of Enron. "
— Rachael, 11/19/2013" Made an incredibly complicated topic/situation (the Enron scandael) extremely readable. If I didn't have so many other books to read, I'd read it again in a heartbeat. Might just do it anyway. "
— Deena, 10/21/2013" terrible. couldn't even finish it. read like a bad novel and i didn't buy a word of it. the funny thing is that i read his other book "the informant" and really liked that one. maybe cause it had some attribution. "
— cassie, 10/20/2013" What a roller coaster ride! At each page, I found myself shaking my head in disbelief at the goings-on at Enron. "
— Debbie, 10/16/2013" The story of Enron - Geoffrey Skilling (CEO) went from Time magazines CEO of the year to a 25 year stretch in prison. $100M not much use now! Excellent "
— Paul, 2/8/2013" Great story if you want to learn all the ins and outs regarding the Enron scandal. VERY detailed from an accounting perspective. "
— Jessica, 1/12/2013" Reads like a Grisham novel with less fluff. Entertaining and interesting. What a tragedy. "
— Jeff, 12/21/2012" This is a big book - but it Is a fast read because of interesting subject matter and being well written. I had previously read Smartest Men in the Room, so much of the material was repetitive with that book - but instill enjoyed it. "
— Jason, 7/2/2012" An excellent business read - well-written and thoroughly sourced. The middle seemed never-ending, but it was necessary to show the full extent of the jackassery that existed within Enron's management. It really is a must read. "
— Joel, 2/11/2012" Very good, the author made what by all rights should have been a very dull and hard to understand story of obscure accounting misdeeds into an interesting study of human nature. "
— Allen, 1/3/2012" Ruined my life for 4 days. "
— Sean, 8/25/2011" The definitive account of the Enron collapse. Soon to be made into a movie. "
— Aaron, 6/3/2011" A should-read company profile for knowledge workers, managers, directors, C-levels, and entrepreneurs. "
— Lori, 4/22/2011" Fantastic, gripping read. The story is just unbelievable, and Eichenwald keeps you engaged throughout. "
— Evan, 3/10/2011" A great book, fact is more bizarre than fiction at Enron. This book may have too much business jargon and accounting for some readers. But as a CPA I loved it. "
— Todd, 2/25/2011" Besides taking me 3 months to read, this book was amazing. Held my interest the whole time. "
— Debbie, 2/18/2011" Very interesting and detailed storytelling. It goews behind the scenes of the scandal, and show just how Enron schemed and scammed their way into jail. Very detailed. "
— Tisa, 2/6/2011" Very good, the author made what by all rights should have been a very dull and hard to understand story of obscure accounting misdeeds into an interesting study of human nature. "
— Allen, 9/30/2010" The best book on Enron I've read but not the easiest to understand. Watch the movie, "Smartest Guys in the Room" first. "
— Brett, 8/1/2010" A story of a horrible event in our country's history - well told. "
— Rita, 7/16/2010Kurt Eichenwald is a senior writer with Newsweek, a contributing editor with Vanity Fair, and the author of three New York Times bestselling books. He wrote for the New York Times for more than twenty years. A two-time winner of the George Polk Award for excellence in journalism, he was a finalist for the Pulitzer Prize in 2000 and 2002. His New York Times bestseller The Informant was made into a major motion picture starring Matt Damon.
Stephen Lang is a Tony Award–nominated actor who has made a name for himself on stages both at home and abroad. Perhaps most well-known for his role in James Cameron’s Avatar, his other film credits include The Men Who Stare at Goats, Public Enemies, Tombstone, and many more.