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24 Days Rebecca Smith

24 Days By Rebecca Smith

24 Days by Rebecca Smith


$27.49
Condition - Very Good
Only 1 left

Summary

Chronicles the fall of ENron in 2001 due to the investigative process of two reporters who were able to uncover the truth about the company's financial losses.

24 Days Summary

24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America by Rebecca Smith

This is the story of Rebecca Smith and John R. Emshwiller, the two reporters who led the Wall Street Journal's reporting on Enron and uncovered the unorthodox partnerships at the heart of the scandal through skill, luck, and relentless determination. It all started in August 2001when Emshwiller was assigned to write a supposedly simple article on the unexpected resignation of Enron CEO Jeff Skilling. During his research, Emshwiller uncovered a buried reference to an off-balance-sheet partnership called LJM. Little did he know, this was the start of a fast and furious ride through the remarkable downfall of a once highly-prized company. Written in an intense, fast paced narrative style, 24 Days tells the gripping story of the colossal collapse of what would become the world's most notorious corporation. The reader follows along as Smith and Emshwiller continue to uncover new partnerships and self-dealing among the highest levels of Enron's management. As they publish articles detailing their findings in the Journal, Wall Street and individual investors have a crisis of confidence and start selling Enron stock at unprecedented levels of volume. In the end - 24 short days later - Enron had completely collapsed, erasing 16 years of growth and losing $19 billion in market value while watching the stock drop from $33.84 to $8.41. Not only was the company destroyed, but investors and retired employees were completely wiped out-all the while Enron executives were collecting millions of dollars. Climaxing with this 24-day period, this book shows the reporter's-eye view of a David-and-Goliath battle between journalists and a giant corporation. Each day a new story uncovered another fact; each day the company issued denials. And when the investigative stories reached critical mass and momentum, the stock market cast its final vote of no confidence. In the tradition of Indecent Exposure and Barbarians at the Gate, two other gripping narratives that began as a series of Wall Street Journal stories and ended up as books that defined an era, 24 Days brings the importance of great investigative journalism to life.

24 Days Reviews

A fascinating tale that reveals as much about the journalistic process as about Enron. -- Washington Post Gripping...24 Days is a fast-paced, enjoyable read and the best of the Enron books yet. -- USA Today Featuring unnamed sources, conflicts with editors and angry phone calls with Enron staffers...Think All the President's Men. -- Associated Press A gripping first-person narrative. -- Fast Company a page-turner...a riveting behind-the-scenes look at investigative reporting at its highest level -- Forbes.com A good story that goes well beyond the common narrative of a company of excess -- Houston Chronicle Even though 24 Days has the feel of a true crime book, the business lessons within it are eye-opening. -- Jack Covert, 1-800-CEO-READ [A] chronicle of greed run wild. -- Denver Post

About Rebecca Smith

Rebecca Smith is a national energy reporter in the Los Angeles bureau of the Wall Street Journal. She won the Gerald Loeb Award in 1996 and 2001. John R. Emshwiller, a senior national correspondent for the Wall Street Journal, has spent most of the past decade covering white-collar crime and related issues. He is the author of Scam Dogs & Mo-Mo Mamas. Together, Smith and Emshwiller shared the 2002 Gerald Loeb Award for their coverage of Enron.

Additional information

GOR004128989
9780060520748
0060520744
24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America by Rebecca Smith
Used - Very Good
Paperback
HarperCollins Publishers Inc
2011-03-20
432
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - 24 Days