The Economist has a review of Kurt Eichenwald’s new book on Enron: Conspiracy of Fools: A True Story, finding that top management in Enron were duped by some of their direct reports. It reads like a thriller.
I will eventually get this book – you learn more from corporate failures than success stories. For a taste – which also reads like a thriller – try the Powers report. It was the original report by the Board committee looking into the causes of Enron’s failure, and is a masterpiece in terse understatement.