How Companies Lie

By: A. Larry Elliott and Richard J. Schroth

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Synopsis: Using Enron as the touchstone, bus. authorities Elliot and Schroth show investors how to think about and measure the candor of corp. , the Wall Street players, and their supporters. The collapse of Enron is definitive proof that the way companies are run -- the gap between what they say is reality and what is really the case -- is frightening. And this gap has severe implications for millions of people who are employees of and investors in these companies. Shows investors the questions that need to be asked to get a handle on the performance reality of companies. In return, corp. America must answer these questions with the true facts of corp. performance and value. "There are ways for investors to spot corp. smoke and mirrors and challenge the players. "