investing in a post enron world

Download Book Investing In A Post Enron World in PDF format. You can Read Online Investing In A Post Enron World here in PDF, EPUB, Mobi or Docx formats.

Investing In A Post Enron World

Author : Paul Jorion
ISBN : 9780071416856
Genre : Business & Economics
File Size : 58. 83 MB
Format : PDF
Download : 576
Read : 1055

Download Now


Asset-protecting strategies for the millions of investors spooked by the ongoing Enron debacle The collapse of Enron--one of the most costly bankruptcy cases in history--has led millions of investors to question the safety of their portfolios and retirement plans. Investing in a Post-Enron World gives wary investors the tools they need to determine the safety of any investment and outlines a step-by-step program for ensuring that their portfolios are shielded from sudden disasters. The first Enron book specifically for investors, Investing in a Post-Enron World pulls no punches in telling investors what to buy and whom to trust, along with red flags to watch for. Its numerous methods for minimizing risk and overexposure include: A quick course in investing and finance Guidelines for pulling the truth from financial statements Rules for "Enron-proofing" a portfolio through diversification Simple techniques for valuing a company and its stock Ways to manage downside risk How to become a "financial sleuth"

Socially Responsible Investment Law

Author : Benjamin J Richardson
ISBN : 0199715459
Genre : Business & Economics
File Size : 33. 23 MB
Format : PDF
Download : 195
Read : 1114

Download Now


Environmental harm is commonly associated with companies that extract, consume, and pollute our shared natural resources. Rarely are the 'unseen polluters,' the financiers that sponsor and profit from eco-damaging corporations, placed at the forefront of the environmental debate. By focusing on these unseen polluters, Benjamin Richardson provides a comprehensive examination of socially responsible investment (SRI), and offers a guide to possible reform. Richardson proposes that greater regulatory supervision of SRI will help ensure that the financial sector prioritizes ethically-based investments. In Socially Responsible Investment Law, he suggests that new governmental reforms should encourage companies to participate in socially responsible investments by providing a better mix of standards and incentives for SRI through measures that include redefining the fiduciary responsibilities of institutional investors to incorporate environmental concerns. By doing so, Richardson posits that corporate financiers, including banks, hedge funds, and pension plans, will become more accountable to the goals of ensuring sustainable development.

The Faber Report

Author : David Faber
ISBN : 9780759527256
Genre : Business & Economics
File Size : 48. 71 MB
Format : PDF
Download : 281
Read : 1293

Download Now


These days, when CNBC's David Faber talks, Wall Street listens. Unlike the talking heads that populate the financial news channels, Faber is a down-and-dirty investigative reporter. For six years, on CNBC's popular Squawk Box and in his own segments, Faber has broken story after story. Each day over one million people tune in to hear his daily report. Those who know the score know that Faber is the one to listen to -- especially now that the market isn't doing as well as it used to. Now Faber has written the smartest, most innovative investment book to be published in years. Like Harvard Business School's famous case study method, each chapter is built around a story -- the story of how a stock was presented to the public. Then Faber extracts clear, easy-to-follow lessons and instructions on how readers can learn the stocks real story, just as he does everyday on CNBC. Readers learn not just how to pick the stocks they want to invest in, but how to avoid joining the "penguins" lining up for big losses. "The Faber Report" combines practical, down to earth investment advice with wild accounts of investor fraud, company misdeeds, and famous investors and banks that have led investors astray. A quantum leap beyond the usual investment books, "The Faber Report" is essential reading for anyone who wants to profit-bulls or bears.

A History Of Corporate Governance Around The World

Author : Randall K. Morck
ISBN : 0226536831
Genre : Business & Economics
File Size : 43. 74 MB
Format : PDF, Docs
Download : 414
Read : 988

Download Now


For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.

Enron And World Finance

Author : P. Dembinski
ISBN : 9780230518865
Genre : Business & Economics
File Size : 67. 77 MB
Format : PDF, ePub, Mobi
Download : 775
Read : 336

Download Now


Four years after the debacle, the term 'Enron' has earned its place in the everyday vocabulary of business ethics. Hardly anyone understands the business intricacies of what really happened with the sophisticated energy conglomerate. Even fewer are those able to envision, beyond the business case, the ethical questions and dilemmas facing actors at any one stage of the drama. Using the collapse of Enron as a case study, this book not only shows how and where ethics came into play, but also draws lessons and discusses possible remedies that may prevent the whole financial system from falling apart as a result of either excessive greed or over-regulation.

Credit Ratings And Market Over Reliance

Author : Francesco De Pascalis
ISBN : 9789004341852
Genre : Business & Economics
File Size : 21. 55 MB
Format : PDF, ePub
Download : 426
Read : 1244

Download Now



What Went Wrong At Enron

Author : Peter C. Fusaro
ISBN : 9780471423256
Genre : Business & Economics
File Size : 79. 82 MB
Format : PDF, ePub, Docs
Download : 747
Read : 834

Download Now



Gower Handbook Of Supply Chain Management

Author : John Gattorna
ISBN : 0566085119
Genre : Business & Economics
File Size : 27. 5 MB
Format : PDF, ePub, Mobi
Download : 160
Read : 367

Download Now


Provides up-to-date information for manufacturers on the logistics of obtaining supplies and distributing materials to business customers, as practiced by companies in Asia, Europe, and North America.

Following The Money

Author : George Benston
ISBN : 0815708912
Genre : Business & Economics
File Size : 22. 31 MB
Format : PDF, Kindle
Download : 365
Read : 695

Download Now


A few years ago, Americans held out their systems of corporate governance and financial disclosure as models to be emulated by the rest of the world. But in late 2001 U.S. policymakers and corporate leaders found themselves facing the largest corporate accounting scandals in American history. The spectacular collapses of Enron and Worldcom—as well as the discovery of accounting irregularities at other large U.S. companies—seemed to call into question the efficacy of the entire system of corporate governance in the United States. In response, Congress quickly enacted a comprehensive package of reform measures in what has come to be known as the Sarbanes-Oxley Act. The New York Stock Exchange and the NASDAQ followed by making fundamental changes to their listing requirements. The private sector acted as well. Accounting firms—watching in horror as one of their largest, Arthur Andersen, collapsed after a criminal conviction for document shredding—tightened their auditing procedures. Stock analysts and ratings agencies, hit hard by a series of disclosures about their failings, changed their practices as well. Will these reforms be enough? Are some counterproductive? Are other shortcomings in the disclosure system still in need of correction? These are among the questions that George Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer address in Following the Money. While the authors agree that the U.S. system of corporate disclosure and governance is in need of change, they are concerned that policymakers may be overreacting in some areas and taking actions in others that may prove to be ineffective or even counterproductive. Using the Enron case as a point of departure, the authors argue that the major problem lies not in the accounting and auditing standards themselves, but in the system of enforcing those standards. Rather than attempting to craft a single set of accounting and reporting standards for all companies throughout the world, the authors advise policymakers to allow competition between the two major sets of standards: Generally Accepted Accounting Principles and International Financial Reporting Standards. The authors also believe that the corporate disclosure system needs to be updated to reflect changes in the underlying economy. In particular, they recommend new forms of disclosure for a variety of nonfinancial indicators to better enable investors and analysts to ascertain the source and nature of intangible assets. They also urge policymakers to exploit the advantages of the Internet by encouraging more frequent financial disclosures in a form that will make them more widely accessible and more easily used.

Power Failure

Author : Mimi Swartz
ISBN : 9780385508889
Genre : Business & Economics
File Size : 20. 66 MB
Format : PDF, ePub, Mobi
Download : 871
Read : 208

Download Now


“They’re still trying to hide the weenie,” thought Sherron Watkins as she read a newspaper clipping about Enron two weeks before Christmas, 2001. . . It quoted [CFO] Jeff McMahon addressing the company’s creditors and cautioning them against a rash judgment. “Don’t assume that there is a smoking gun.” Sherron knew Enron well enough to know that the company was in extreme spin mode… Power Failure is the electrifying behind-the-scenes story of the collapse of Enron, the high-flying gas and energy company touted as the poster child of the New Economy that, in its hubris, had aspired to be “The World’s Leading Company,” and had briefly been the seventh largest corporation in America. Written by prizewinning journalist Mimi Swartz, and substantially based on the never-before-published revelations of former Enron vice-president Sherron Watkins, as well as hundreds of other interviews, Power Failure shows the human face beyond the greed, arrogance, and raw ambition that fueled the company’s meteoric rise in the late 1990s. At the dawn of the new century, Ken Lay’s and Jeff Skilling's faces graced the covers of business magazines, and Enron’s money oiled the political machinery behind George W. Bush’s election campaign. But as Wall Street analysts sang Enron’s praises, and its stock spiraled dizzyingly into the stratosphere, the company’s leaders were madly scrambling to manufacture illusory profits, hide its ballooning debt, and bully Wall Street into buying its fictional accounting and off-balance-sheet investment vehicles. The story of Enron’s fall is a morality tale writ large, performed on a stage with an unforgettable array of props and side plots, from parking lots overflowing with Boxsters and BMWs to hot-house office affairs and executive tantrums. Among the cast of characters Mimi Swartz and Sherron Watkins observe with shrewd Texas eyes and an insider’s perspective are: CEO Ken Lay, Enron’s “outside face,” who was more interested in playing diplomat and paving the road to a political career than in managing Enron’s high-testosterone, anything-goes culture; Jeff Skilling, the mastermind behind Enron’s mercenary trading culture, who transformed himself from a nerdy executive into the personification of millennial cool; Rebecca Mark, the savvy and seductive head of Enron’s international division, who was Skilling’s sole rival to take over the company; and Andy Fastow, whose childish pranks early in his career gave way to something far more destructive. Desperate to be a player in Enron’s deal-making, trader-oriented culture, Fastow transformed Enron’s finance department into a “profit center,” creating a honeycomb of financial entities to bolster Enron’s “profits,” while diverting tens of millions of dollars into his own pockets An unprecedented chronicle of Enron’s shocking collapse, Power Failure should take its place alongside the classics of previous decades – Barbarians at the Gate and Liar’s Poker – as one of the cautionary tales of our times. From the Hardcover edition.

Top Download:

Best Books