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The Number by Alex Berenson

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The Number by Alex Berenson

With a new Afterword by the author and a new Foreword by Mark Cuban

In this commanding big-picture analysis of what went wrong in corporate America, Alex Berenson, a top financial investigative reporter for The New York Times, examines the common thread connecting Enron, Worldcom, Halliburton, Computer Associates, Tyco, and other recent corporate scandals: the cult of the number.

Every three months, 14,000 publicly traded companies report sales and profits to their shareholders. Nothing is more important in these quarterly announcements than earnings per share, the lodestar that investors--and these days, that's most of us--use to judge the health of corporate America. earnings per share is the number for which all other numbers are sacrificed. It is the distilled truth of a company's health.

Too bad it's often a lie.

Alex Berenson's The Number provides a comprehensiv, brutally factual overview of how Wall Street and corporate America lost their way during the great bull market that began in 1982. With wit and a broad historical perspective, Berenson puts recent corporate accounting (or accountability) disasters in their proper context. He explains how the wheels came off the wagon, giving readers the information and analysis they need to understand Enron, Tyco, WorldCom, Halliburton, and the rest of the corporate calamities of our times.

Alex Berenson has covered everything from the Iraq war to the New Orleans floods to Bernie Madoff's financial misdeeds as a correspondent for The New York Times. His past works include The Faithful Spy, which won an Edgar(R) Award in 2007, The Ghost War, The Quiet Man, The Midnight House, and The Counterfeit Agent, as well as The Ghost War, The Silence Man, The Midnight House, and The Counterfeit Agent. He currently resides in New York City.

SKU Unavailable
ISBN 13 9780812966251
ISBN 10 0812966252
Title The Number
Author Alex Berenson
Condition Unavailable
Binding Type Paperback
Publisher Random House USA Inc
Year published 2004-04-13
Number of pages 336
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.