Revealing how the continuing cycle of fraud and reform has helped shape the modern economy, a collection of the most colorful and important scandals in business history from the pages of the premier business magazine includes the story of Enron, the Orange County bankruptcy, Sotheby's and Al Taubman, and others.
Diverse cazuri de frauda financiara, in special din SUA, povestite pe scurt, dar care iti dau de gandit... Pentru cine vrea sa aprofundeze, recomand cartea Cel mai mare furt din istorie, despre frauda Madoff.
Ok book. Detailed various scandals, some I am familiar with like Enron and Madoff, others from years before I haven't heard of. While some of the scandals are interesting-there doesn't seem much of a common thread to tie them together. Some of the stories are understandable and well-written, others are quite confusing. And doesn't seem to be much depth either, (for example, the story on Madoff explained how he has many victims in the Minneapolis-St Paul area-there is little explanation on how he was able to penetrate that area).
Especially interested in the credit lyonnais fraud case. Was familiar with the largest cases. Each chapter won't replace an in depth dive into case specifics, with books having been written on many of those scandals, but i found the selection of scandals very interesting in that they shaped subsequent regulations we live with today. Also, a recurring theme is that people barely ever go to jail if they steal enough. Dream big people, steal big or stay home!
"Journalism is not your forte, my good man. You had much better leave it to someone who has not been to a university." --Oscar Wilde. While this anthology of Fortune articles on business scandals has interest in a subject most know little about, namely high finance, the book resorts to journalistic art instead of rhetoric and compositional clarity, needing a careful explanation of the manifold names and businesses in its pages. The Madoff scandal, Enron, Fannie Mae and other business crimes add up as the book gets more interesting toward its end, but FORTUNE is not FORBES magazine with its glittering appeal.
Greed greed and more greed If some of these men used their incredible talents legitimately they wouldn't have had to resort to trickery and double crossing, they would have been millionaires ten times over. It's never enough unfortunately as they went for billions instead, which became their downfall and down fall they always do.
A great collection of stories from fortune magazine over time
Scandal! presents entertaining historical stories of fraud, manipulation, and scandal that influenced the development of modern economic institutions. While more anecdotal than analytical, the book offers interesting insight into how crises and misconduct can push societies to strengthen financial rules and systems.
I love this sort of stuff, but it really is just Fortune Magazine bite-sized pieces and nothing too substantive or gripping. Stick with the full-size exposes.