What Went Wrong at Enron [Paperback]

"...first book to address the difficult questions surrounding Enron..." (Lloyd′s List, 5 July 2002)

"Here come the Enron books...The best offering...is What Went Wrong at Enron." (The New York Times, Sunday, July 28, 2002)

"...a new book on the Enron debacle..." (The Sunday Business Post, 28 July 2002)

"...the gripping drama de jour..." (Business Eye, 1 August 2002)

"...the book chronicles the deception, back stabbing and eventual whistle–blowing that toppled the Houston–based company..." (Moneywise, September 2002)

"...the end result is quite gripping...it gave out information without even trying and it readily soaked into the consciousness..." (M2 Best Books, 15 August 2002)

"...ideal reading for a train journey or flight..." (Mortgage Finance Gazette, October 2002)

"...compelling and very clearly written book draws the right lessons from the Enron debacle" (Christopher Faille, HedgeWorld)

"...Fusaro and miller have provided an excellent primer to whet our appetites for the scurrilous revelations to come..." (Times Higher Educational Supplement, 22 November 2002)

"...a fascinating, highly readable blow–by–blow account of what led to a company’s dramatic collapse..." (IEE Review, Janauary 2003)

"...a truly fascinating read." (Financial Adviser, 26 September 2002)

"...first book to address the difficult questions surrounding Enron..." (Lloyd′s List, 5 July 2002)

"Here come the Enron books...The best offering...is What Went Wrong at Enron." (The New York Times, Sunday, July 28, 2002)

"...a new book on the Enron debacle..." (The Sunday Business Post, 28 July 2002)

"...the gripping drama de jour..." (Business Eye, 1 August 2002)

"...the book chronicles the deception, back stabbing and eventual whistle–blowing that toppled the Houston–based company..." (Moneywise, September 2002)

"...the end result is quite gripping...it gave out information without even trying and it readily soaked into the consciousness..." (M2 Best Books, 15 August 2002)

"...ideal reading for a train journey or flight..." (Mortgage Finance Gazette, October 2002)

"...compelling and very clearly written book draws the right lessons from the Enron debacle" (Christopher Faille, HedgeWorld)

"...Fusaro and miller have provided an excellent primer to whet our appetites for the scurrilous revelations to come..." (Times Higher Educational Supplement, 22 November 2002)

"...a fascinating, highly readable blow–by–blow account of what led to a company’s dramatic collapse..." (IEE Review, Janauary 2003)

"...a truly fascinating read." (Financial Adviser, 26 September 2002)

"...the gripping drama de jour..."

"...the book chronicles the deception, back stabbing and eventual whistle-blowing that toppled the Houston-based company..."

"Do not put another dime into the stock market before reading this book. In all the millions of words that have been written about the Enron scandal, these are the first that really explain, in a way anyone can understand, what actually happened in the greatest stock swindle of modern times. You′ll learn what Enron′s business really consisted of, how the accounting for it really worked, and who the key executives really were in particular chairman Kenneth Lay, the proselytizing son of a Missouri preacher, and Lay′s protégé, Jeffrey Skilling, who earned the nickname of Darth Vader for his ruthless behavior. You′ll follow Enron′s forays into everything from the Internet to the California energy market, learning how Skilling and Lay influenced Wall Street analysts to say only favorable things about the company, and what happened to the analysts who didn′t oblige. And you′ll behold the inevitable doom that eventually comes to shareholders who believe that rising stock prices are proof of increasing value. In the end they may be proof of nothing more than what the world has now come to know as "Enronitis." This is the book that explains what that word really means." —Christopher Byron, author, Martha Inc.

"The Enron story, for most of us, is a monster. Fusaro and Miller clarify what went wrong in a manner that allows anyone to get their arms around the beast quickly, without killing oneself." —Bill Crawford, former Chicago Tribune financial writer and Pulitzer Prize winner

"The authors′ sharp insights into Enron′s self–destructive culture provide a clear road map into its massive failure." —Peter Behr, Washington Post financial writer

"..Fusaro and Miller have provided an excellent primer to whet our appetites for the scurrilous revelations to come..."

"..a fascinating, highly readable blow-by-blow account of what lead to a company's drastic collapse.."

"...a fascinating, highly readable blow-by-blow account of what led to a company's dramatic collapse.."

"..a truly fascinating read."

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.

An Easy–To–Read Guide For Everyone

"Do not put another dime into the stock market before reading this book. In all the millions of words that have been written about the Enron scandal, these are the first that really explain, in a way anyone can understand, what actually happened in the greatest stock swindle of modern times."
–Christopher Byron, author, Martha Inc.

"The Enron story, for most of us, is a monster. Fusaro and Miller clarify what went wrong in a manner that allows anyone to get their arms around the beast quickly, without killing oneself."
–Bill Crawford, former Chicago Tribune financial writer and Pulitzer Prize winner

"The authors′ sharp insights into Enron′s self–destructive culture provide a clear road map into its massive failure."
–Peter Behr, Washington Post financial reporter

What Went Wrong at Enron is the first comprehensive and clear explanation of what happened at Enron. Peter C. Fusaro and Ross M. Miller take you inside Enron and show you the who, why, what, where, and when of the sinking of this corporate Titanic. In an engaging style, they explain what happened and uncover the mistakes that led to Enron′s fall–in a way that anyone can understand. What Went Wrong at Enron offers a fascinating backdrop to all the whistle–blowing, backstabbing, grandstanding, deception, posturing, and silence that has become the Enron story.

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

Ross M. Miller is founder and President of Miller Risk Advisors. Previously, he taught finance and economics and then established the quantitative finance research group at General Electric.