The Number: How America's Balance Sheet Lies Rocked the World's Financial Markets - Couverture souple

Berenson, Alex

Couverture souple

ISBN 10 : 0743468090 ISBN 13 : 9780743468091

Editeur : Simon & Schuster, 2004

Synopsis

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. Part detective story, part financial history, THE NUMBER 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.

A propos du livre

Revue de presse :

"This will surely be the most important financial book of the year.
very CEO, CFO, CPA, broker, money manager and Congressperson in America will want to read it -- that's a given. But plain old investors will, too. 'So that's what happened to my 401k,' they will say."
--Andrew Tobias, author of THE ONLY INVESTMENT GUIDE YOU'LL EVER NEED

Biographie de l'auteur :

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.

À propos de cette édition

• Éditeur: Simon & Schuster
• Date d'édition: 2004
• ISBN 10: 0743468090
• ISBN 13: 9780743468091
• Reliure: Broché
• Nombre de pages: 336