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"Broadbandits: Inside the $750 Billion Telecom Heist goes behind the scenes to uncover the actions and motivations of a handful of men and a few dozen companies who worshipped at the altar of corporate greed - and for the most part got away with it! Through interviews with numerous industry insiders and real-world stories, investigative reporter Om Malik follows the money trail to reveal the events that all but destroyed an industry and decimated thousands of portfolios in the process."
"Broadbandits offers a candid look at how fiber barons such as Bernie Ebbers of WorldCom, Gary Winnick of Global Crossing, and Joe Nacchio of Qwest turned simple light and glass fibers into veins of gold that allowed them to build enormous personal fortunes, even as their companies were going down in flames. You'll be there to watch as eager venture capitalists and unknowing investors try to buy their piece of the American Dream - only to get burned by once high-flying companies such as Excite@Home, Winstar, McLeodUSA, Nortel, and Sycamore."
"Broadbandits puts you face-to-face with the shameless individuals who used the hype and hysteria of the telecom revolution to pump up telecom stocks and line their own pockets - even when there was little evidence to substantiate their claims. You'll learn how the former pied piper of the telecom industry, analyst Jack Grubman, played both sides of the fence to make millions, while pundit George Gilder's pie-in-the-sky predictions transformed him into a cult hero, until everything came crashing down on him."--Jacket.
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Previews available in: English
Subjects
Consolidation and merger of corporations, Corrupt practices, Telecommunication, Business failures, Nonfiction, Business, Consolidation and merger of corporations, united states, Télécommunications, Pratiques déloyales, Entreprises, Fusion, BUSINESS & ECONOMICS, Industries, Media & Communications, TECHNOLOGY & ENGINEERING, TelecommunicationsPlaces
United StatesShowing 5 featured editions. View all 5 editions?
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Broadbandits: Inside the $750 Billion Telecom Heist
November 8, 2004, Wiley
in English
0471660612 9780471660613
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Broadbandits: Inside the $750 Billion Telecom Heist
May 15, 2003, Wiley
in English
0471434051 9780471434054
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5
Broadbandits: inside the $750 billion telecom heist
2003, Wiley, J. Wiley
in English
0471434051 9780471434054
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WorldCat
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Book Details
Table of Contents
Edition Notes
Includes bibliographical references (p. 301-319) and index.
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Work Description
Investigating the financial fraud and misguided power plays that brought down the telecom industry Once the foundation of the Dow and NASDAQ, the telecom industry has eaten up more capital than any other industry in recent history and has nothing to show for it. Today, it is by far the worst culprit in the spate of financial dirty dealings that have been splashed across the business pages, and yet the rewards reaped by top executives at many of these failed or failing companies have been inversely proportionate to their decline. Broadbandits takes readers behind the scenes to get the story they won't get in the media. Investigative reporter Om Malik follows the money trail and deciphers the actions and motivations of a generation of new economy "barbarians" that brought down this once lucrative industry. This intriguing book offers an inside look into the telecom bubble, with tales and anecdotes about mavericks who turned simple light and glass fibers into veins of g...
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Feedback?January 7, 2023 | Edited by MARC Bot | import existing book |
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