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This is the story of Rebecca Smith and John R. Emshwiller, the two reporters who led the Wall Street Journal’s reporting on Enron and uncovered the unorthodox partnerships at the heart of the scandal through skill, luck, and relentless determination.It all started in August 2001when Emshwiller was assigned to write a supposedly simple article on the unexpected resignation of Enron CEO Jeff Skilling. During his research, Emshwiller uncovered a buried reference to an off-balance-sheet partnership called LJM. Little did he know, this was the start of a fast and furious ride through the remarkable downfall of a once highly-prized company.Written in an intense, fast paced narrative style, 24 Days tells the gripping story of the colossal collapse of what would become the world’s most notorious corporation. The reader follows along as Smith and Emshwiller continue to uncover new partnerships and self-dealing among the highest levels of Enron’s management. As they publish articles detailing their findings in the Journal, Wall Street and individual investors have a crisis of confidence and start selling Enron stock at unprecedented levels of volume. In the end - 24 short days later - Enron had completely collapsed, erasing 16 years of growth and losing $19 billion in market value while watching the stock drop from $33.84 to $8.41. Not only was the company destroyed, but investors and retired employees were completely wiped out-all the while Enron executives were collecting millions of dollars.Climaxing with this 24-day period, this book shows the reporter’s-eye view of a David-and-Goliath battle between journalists and a giant corporation. Each day a new story uncovered another fact; each day the company issued denials. And when the investigative stories reached critical mass and momentum, the stock market cast its final vote of no confidence. In the tradition of Indecent Exposure and Barbarians at the Gate, two other gripping narratives that began as a series of Wall Street Journal stories and ended up as books that defined an era, 24 Days brings the importance of great investigative journalism to life.
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Previews available in: English
Subjects
Business, Business failures, Case studies, Corrupt practices, Energy industries, Enron Corp, Journalism, Language Arts, Nonfiction, Enron corp., Business enterprises, corrupt practices, Industries - Energy Industries, Conspiracy & Scandal Investigations, Business & Economics, Business / Economics / Finance, General, Business/Economics, Corporate & Business History - General, Business & Economics / General, United States, Corporations, corrupt practicesPlaces
United StatesShowing 4 featured editions. View all 11 editions?
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24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America
October 12, 2004, Collins
in English
0060520744 9780060520748
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24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America
August 2003, Collins
in English
0060520736 9780060520731
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24 days: how two Wall Street Journal reporters uncovered the lies that destroyed faith in corporate America
2003, HarperBusiness
in English
- 1st ed.
0060520736 9780060520731
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Book Details
First Sentence
"Some days, the newspaper Gods refuse to smile."
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- Created April 29, 2008
- 7 revisions
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July 30, 2019 | Edited by MARC Bot | associate edition with work OL6226542W |
August 4, 2010 | Edited by IdentifierBot | added LibraryThing ID |
April 24, 2010 | Edited by Open Library Bot | Fixed duplicate goodreads IDs. |
April 16, 2010 | Edited by bgimpertBot | Added goodreads ID. |
April 29, 2008 | Created by an anonymous user | Imported from amazon.com record |