Description
How did the most trusted financial system in the world become the breeding ground for the massive corruption uncovered in the Enron and WorldCom scandals?
In this book, veteran USA Today investigative journalist Greg Farrell explains how this breakdown happened. Corporate Crooks shows how incentive compensation for CEOs, combined with the decline of the American auditing industry, led to a series of spectacular accounting frauds, not just at Enron and WorldCom, but at other companies as well.
Product Details
COPYRIGHT 2006
ISBN 1-591-0-2455-2
Hardcover, 225 PAGES
PROMETHEUS PUBLISHINGTable of Contents:
- Chapter 1: Executive Compensation
- Chapter 2: Enron
- Chapter 3: The Auditors
- Chapter 4: WorldCom
- Chapter 5: Tyco
- Chapter 6: HealthSouth
- Chapter 7: Stock Analysts
- Chapter 8: The Securities Cops
- Epilogue: Lessons Learned