Book: The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (2003). I was introduced to this book during the pursuit of my MBA, in an ethics class, which used this book as a case study on the topic. A more appropriate book for the topic probably could not have been found.
Available in multiple formats – including a recently released Kindle Edition – this book chronicles one of the most chilling business scandals in history. Authors Bethany McLean and Peter Elkind delve deep into the Enron culture and shine a harsh light on the greed, the hubris, the outrageous personal excesses of the Enron hierarchy, and the moral vacuum that led CEO Ken Lay – along with other players including accounting firm Arthur Andersen, Chief Operating Officer Jeffrey Skilling, and Chief Financial Officer Andy Fastow – to manipulate securities trading, bluff the balance sheets, and deceive investors.
If you are interested in the economy, business or the dangers of avarice; and you’re looking for a good read this weekend, this book fits the bill.