Unmasking the Men Who Bankrupted the World

All The Devils Are Here

A business book that is as riveting as an adventure novel... a masterpiece

When the financial crisis of this decade is being taught in business schools, All the Devils Are Here could be the textbook.

Grand in scope, overwhelming in detail, this is as compelling as a well-crafted literary novel

Yields a rich and intricate tableau of understanding

A thorough account of the origins of the financial crisis. Helps explain the most troubling headlines of the moment, as well as those that are certain to come.

Joe Nocera is the best business writer alive

Bethany McLean is a writer for Vanity Fair and the co-author of The Smartest Guys in the Room. She was previously editor-at-large of Fortune, and spent three years working at Goldman Sachs. She lives in Chicago. 
 
Joe Nocera is business columnist for the New York Times. He has won three Gerald Loeb awards for excellence in business journalism and was a finalist for a Pulitzer Prize in 2006. He lives in New York.

As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on greedy traders, lazy regulators, or clueless home buyers? 
 
According to Bethany McLean, author of the bestselling Enron book The Smartest Guys in the Room, and Joe Nocera, the star New York Times columnist, the real answer is all of the above. Many devils helped bring hell to the economy. 
 
Yet despite all the analysis of the crash, no one has put all the pieces together and named those responsible. Until now.

The Amazing Rise and Scandalous Fall of Enron

The Smartest Guys in the Room

Fully updated for the paperback publication.

...the most comprehensive picture yet of how the company went off the rails. The sheer accumulation of detail makes it possible for the first time to understand how Enron got away with its blend of hubris and incompetence for so long. . . This is more than a business story. It is also about what can happen to any institution when weak and complacent leadership allows itself to be swept along by strong vested interests and the mood of the times.

Richartd Lambert, ex editor of Financial Times and member of the Bank of England's Monetary Policy Committee

What went wrong with American business at the end of the 20th century? 
 
Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could do no wrong. Its profits rose every year; its stock price surged ever upward; its leaders were hailed as visionaries. 
 
Then a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money? 
 
Within a year Enron was facing humiliation and bankruptcy, the largest in US history, which caused Americans to lose faith in a system that rewarded top insiders with millions of dollars, while small investors lost everything. It was revealed that Enron was a company whose business was an illusion, an illusion that Wall Street was willing to accept even though they knew what the real truth was. This book - fully updated for the paperback - tells the extraordinary story of Enron's fall.

Bethany McLean

Books by Bethany McLean

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