There is a great deal of confusion regarding the factors that led to Enron's collapse. This important book addresses this problem by providing a coherent explanation of the accounting and finance problems associated with the collapse. The Skilling-Lay trial, as it is related to accounting or finance issues, is critically described as well. Through its well-balanced take on events surrounding the trial, the book therefore enables readers to analyze the validity of the arguments offered by the U.S. attorneys. 0 H: H, D% d, w4 |) M6 O- H Contents: . E. s+ d; j0 T: y% G, ~ The Enron Success and Failure 6 V. B- I0 h6 F* z ~0 k0 W" P Enron as of 31 December 2000# u3 A/ q6 h- w* i6 _& ~6 s( h
First Six Months of 2001: Before the Storm; C6 X+ V; _ f- a. q( v- F: q
Sherron Watkins' Letter to Kenneth L Lay" Y! Y: j# e# C
The Clouds Burst5 h' Y# s* Q. Y
The 100-Year Flood $ f8 f* y& u+ o! _ JEDI and Chewco: Not the Movie: R9 b0 N, V- x" v; m
LJM1 and Rhythms2 p: {& b$ l# {7 z9 U, L
LJM2 and Raptors I and III7 Y1 E; M1 U! e4 [
LJM2 and Raptors II and IV6 I$ x1 P; h7 m" t; g
Other Transactions& A$ o( e6 S( W# L5 c. K
The Collapse 3 ^& y* O( [+ y The Indictment of Lay and Skilling + B1 {' H& \- ]1 i# }- ~* B The Trial / Y1 F" y7 o- s& b2 ? A Slice of the Skilling–Lay Trial + u, r7 t' W: T8 f. r The Skilling–Lay Trial: Fair or Foul? " g* t ]/ u, W( q Mark to Market Accounting: Feeding the Growth Requirement6 K% Q# S# Q6 A6 l4 D9 o; A {
Concluding Observations, k/ }2 F/ z* k8 i+ O# y
Readership: Students and academics in accounting, finance, law and banking; accountants, lawyers, board members and finance people; and general public. 4 [1 r: C2 _# O8 h( \
