The Number: Why Companies Lied and the Stock Market Crashed - Brossura

Berenson, Alex

Brossura

ISBN 10: 0743239458 ISBN 13: 9780743239455

Casa editrice: Free Press, 2003

Riassunto

An extra-ordinary chronicle in the best-selling tradition of BARBARIANS AT THE GATE and DEN OF THIEVES of the greed and deceit which caused the collapse of stock markets worldwide. To financial analysts and investors, it is the earnings per share figure or 'the number' which is the most important sign of a company's health and future prospects. To chief executives whose colossal bonus packages are increasingly linked to 'the number' it is even more important that it doesn't fall short. Not surprisingly the temptation to 'massage' this number by booking non-existent sales or hiding capital expenses proved too much for some, even though their deception amounted to theft on a massive scale from shareholders and their employees. With case studies from around the world, THE NUMBER reveals the tricks and the people who played them. Part detective story, part financial history, it gives an insider's account of the balance-sheet lies which have so tarnished the reputation of Corporate America, as well as a comprehensive overview of how Wall Street and Big Business lost their way during the long bull market that began in 1982.

Su questo libro

L'autore

Alex Berenson is a financial reporter for THE NEW YORK TIMES and one of America's leading investigative journalists. Long before the Enron and Worldcom scandals hit the headlines he had been exposing the practice of fraudulent accounting and has been named on three occassions as one of the top business reporters under 30 years old.

Su questa edizione

• Editore: Free Press
• Data di pubblicazione: 2003
• ISBN 10: 0743239458
• ISBN 13: 9780743239455
• Rilegatura: Copertina flessibile
• Numero di pagine: 304