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Boring Fiction with too many characters
With close to 150 characters in this fictional tale, Eichenwald appears to have gotten lost. The book isn't the true story, and it isn't a business book. It's a combination of mumble jumble that tries to show Ken Lay isn't such a bad fellow. He portrays Ken Lay and his gang as foolish, when in fact they are corporate criminals of the worst kind who destroyed hundreds of thousands of elder investors' savings by lying about the financial stability of Enron.
After reading the "Consolidated complaint for violation of the securities law" at www.enronfraud.com as a previous reviewer had suggested, I now feel I know what happened at Enron.
Newsweek's Wall Street editor Allan Sloan's book review in the Washington Post
March 22 titled "Enron Book Reads More Like Notes Than a Finished Story" blasts this book for many reasons. Sloan wrote, "Take the title, `Conspiracy of Fools.' Fools are dupes - but conspiracy is an illegal act. Either people were fools rather than felons, or they were conspirators combining to perform illegal acts. Take your pick." Your best pick is not to buy this book.
If you have read "The Informant" in which Eichenwald portrayed Whitacre as a freak then you must read "Rats in the Grain" which is the real story. Eichenwald crucified Whitacre and now in "Conspiracy" he is trying to vindicate Ken Lay while he vilifies the Fastow family. Read "Rats" and understand how he gave the real criminals a pass and hung Whitacre out to dry who has been imprisoned for seven years with two more to do.
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