Read Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!

Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!

Greg Farrell

4.9/5 (30759 ratings)

Description:How did the most trusted financial system in the world become the breeding ground for the massive corruption uncovered in the Enron and Worldcom scandals? The simple answer is greed. Greed so blinded CEO's, auditors, and even members of Congress that they allowed a gang of rogue executives to rig the game and cheat investors out of $200 billion, wiping out the life savings of many unsuspecting Americans.In Corporate Crooks, veteran USA Today investigative journalist Greg Farrell explains how this breakdown happened. The book shows how incentive compensation for CEOs, combined with the decline of the American auditing industry, led to a series of spectacular accounting frauds, not just at Enron and WorldCom, but at other companies as well.Farrell details how a series of seemingly minor Congressional actions-from a law penalizing corporations for paying salaries in excess of $1 million to a Senate vote to scuttle a rule calling for the expensing of stock options-created the conditions that led to the accounting abuses that eventually brought gigantic corporations down.Written in a straightforward, explanatory style, Corporate Crooks allows the average investor to understand the root causes of the biggest accounting frauds of the past five years. But understanding how these frauds took place isn't enough. Farrell also arms readers with the knowledge they'll need to judge whether the next fantastic, fast-growing company of the new economy is a genuine business success or another Enron waiting to implode.Greg Farrell (Pelham, NY) is an award-winning investigative reporter who writes for the Money section of USA Today. He specializes in white-collar crime, legal affairs, and the regulation of corporate behavior. He is the winner of the American Business Press's Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!. To get started finding Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!, you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 1615924612

Description: How did the most trusted financial system in the world become the breeding ground for the massive corruption uncovered in the Enron and Worldcom scandals? The simple answer is greed. Greed so blinded CEO's, auditors, and even members of Congress that they allowed a gang of rogue executives to rig the game and cheat investors out of $200 billion, wiping out the life savings of many unsuspecting Americans.In Corporate Crooks, veteran USA Today investigative journalist Greg Farrell explains how this breakdown happened. The book shows how incentive compensation for CEOs, combined with the decline of the American auditing industry, led to a series of spectacular accounting frauds, not just at Enron and WorldCom, but at other companies as well.Farrell details how a series of seemingly minor Congressional actions-from a law penalizing corporations for paying salaries in excess of $1 million to a Senate vote to scuttle a rule calling for the expensing of stock options-created the conditions that led to the accounting abuses that eventually brought gigantic corporations down.Written in a straightforward, explanatory style, Corporate Crooks allows the average investor to understand the root causes of the biggest accounting frauds of the past five years. But understanding how these frauds took place isn't enough. Farrell also arms readers with the knowledge they'll need to judge whether the next fantastic, fast-growing company of the new economy is a genuine business success or another Enron waiting to implode.Greg Farrell (Pelham, NY) is an award-winning investigative reporter who writes for the Money section of USA Today. He specializes in white-collar crime, legal affairs, and the regulation of corporate behavior. He is the winner of the American Business Press's Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!. To get started finding Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!

Corporate Crooks: How Rogue Executives Ripped Off Americans... and Congress Helped Them Do It!

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