The Smartest Guys in the Room

Get in the xigxag app
Already purchased

Click to open directly in the xigxag app.

This book is not purchasable in your country. Please select another book. Pre-order Buy Now £{{ price }} Send as a gift

Listen to a sample

What to expect

Brought to you by Penguin.

What went wrong with American business at the end of the 20th century?

Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could do no wrong. Its profits rose every year; its stock price surged ever upward; its leaders were hailed as visionaries.

Then a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money?

Within a year Enron was facing humiliation and bankruptcy, the largest in US history, which caused Americans to lose faith in a system that rewarded top insiders with millions of dollars, while small investors lost everything. It was revealed that Enron was a company whose business was an illusion, an illusion that Wall Street was willing to accept even though they knew what the real truth was. This book - fully updated for the paperback - tells the extraordinary story of Enron's fall.

© Bethany McLean, Peter Elkind 2003 (P) Penguin Audio 2021

Critics Review

…the most comprehensive picture yet of how the company went off the rails. The sheer accumulation of detail makes it possible for the first time to understand how Enron got away with its blend of hubris and incompetence for so long. . . This is more than a business story. It is also about what can happen to any institution when weak and complacent leadership allows itself to be swept along by strong vested interests and the mood of the times.

Richartd Lambert, ex editor of Financial Times and member of the Bank of England's Monetary Policy Committee

About xigxag

Enjoy the best audiobooks on xigxag, an innovative, user-friendly audiobook platform that makes it easy to find, purchase, and enjoy your favorite books in audio format. xigxag’s flexible pricing model offers bestselling audiobooks for less – affordable prices and the best audiobook deals with no subscription required.  Give the perfect gift with our audiobook gift cards and in-app audiobook gifting options.

 

xigxag’s commitment to sustainability and ethical practices ensures a guilt-free listening experience from an exceptional digital book platform – an exciting alternative to big tech.  Enjoy audiobooks from the only B Corp certified UK audiobook service and a leader in audiobook innovation.

 

Search effortlessly, read honest audiobook reviews evaluating both the book and the narration, and discover hidden gems.  Download or stream top audiobook titles anytime, anywhere and get the best possible listening experience on the UK’s best independent audiobook app.  Experience the future of audiobooks today.

Subscribe to our newsletter

Sign up to get tailored content recommendations, product updates and info on new releases. Your data is your own: we commit to protect your data and respect your privacy.