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Title: Power Failure


Author: MiMi Swartz, Sherron Watkins


Narrator: Karen White


Format: Unabridged


Length: 16 hrs and 38 mins


Language: English


Release date: 07-28-04


Publisher: Books on Tape


Genres: Business, Commerce & Economy



Summary:


From inside the walls of Enron, a lone whistleblower attempted to avert the course of events leading to the largest bankruptcy in American history. On August 16, 2001, Sherron Watkins wrote an anonymous letter to Enron's Chairman, Ken Lay, laying out problems with Enron's use of partnerships to hide debt. She warned of a possible scandal that could topple the company if investors and the news media learned of the operations. Then, she revealed her identity and confronted Lay directly. Lay did nothing, and the scandal broke, sending Enron's stock price into the basement and wiping out the life savings of many thousands of people. Hear how Enron's culture of greed and the relentless cutting of moral corners led to the ultimate disaster, as told by an insider.


©2003 MiMi Swartz; (P)2003 Books on Tape, Inc.



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