What Went Wrong at Enron : Everyone's Guide to the Largest Bankruptcy in U. S. History

by Fusaro, Peter C.; Miller, Ross M.

• ISBN13: 9780471265740
• ISBN10: 0471265748
• Format: Paperback
• Copyright: 2002-07-08
• Publisher: Wiley

Summary

An easy answer guide to the difficult questions surrounding Enron What Went Wrong at Enron explains the critical steps, transactions, and events that led to the demise of a company that was once considered one of the most innovative corporations in the United States. Energy risk management expert Peter Fusaro gets inside Enron and provides a coherent account of the who, why, where, and when of this corporate debacle, without sacrificing the complexity of what has happened. Enron has been front-page news for months, but confusion still remains about what actually happened. What Went Wrong at Enron is written for readers who find themselves wondering what exactly is an energy trading company, what was the sequence of events that caused the largest corporate bankruptcy in U.S. history, and what does this all mean for me.

Author Biography

<B>Peter C. Fusaro</B> is founder and President of Global Change Associates, an energy consulting firm. His extensive research on Enron is regularly referenced by those investigating the firms dramatic collapse.

Table of Contents

Preface: In the Beginning.

1. Ken Lay's Junk Bond Ride Up on the Natural Gas Express.

2. A Pattern of Less than Full Disclosure.

3. The Skilling Case Study.

4. The Downside of Rank and Yank.

5. A Market a Day Keeps the Debt Away (But Only Temporarily).

6. Enron Goes Online.

7. Broadband Is a Costly Mistake.

8. Enron Takes on Water.

9. From Arrogance to Bankruptcy.

10. Of Talking Heads and Quiet Deals.

11. The Only Place to End the Enron Story.

Cast of Characters.

Through the Pipeline: An Enron Time Line.

The Enron Files.

References.

About the Authors.

Index.