How did the most trusted financial system in the world become the breeding ground for the massive corruption uncovered in the Enron and WorldCom scandals? The simple answer is greed. This book attempts to help the average investor understand the root causes of the biggest accounting frauds.

How did the most trusted financial system in the world become the breeding ground for the massive corruption uncovered in the Enron and WorldCom scandals? The simple answer is greed. Greed so blinded CEOs, auditors, and even members of Congress that they allowed a gang of rogue executives to rig the game and cheat investors out of $200 billion, wiping out the life savings of many unsuspecting Americans. Written in a straightforward explanatory style, this book allows the average investor to understand the root causes of the biggest accounting frauds of the past 5 years. But understanding how these frauds took place isn't enough. The author also arms readers with the knowledge they will need to judge whether the next fantastic, fast-growing company of the new economy is a genuine business success or another Enron waiting to implode.