Title
The Number: How The Drive For Quarterly Earnings Corrupted Wall Street And Corporate America,New
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With a new Afterword by the author and a new Foreword by Mark CubanIn this commanding bigpicture analysis of what went wrong in corporate America, Alex Berenson, a top financial investigative reporter for The New York Times, examines the common thread connecting Enron, Worldcom, Halliburton, Computer Associates, Tyco, and other recent corporate scandals: the cult of the number.Every three months, 14,000 publicly traded companies report sales and profits to their shareholders. Nothing is more important in these quarterly announcements than earnings per share, the lodestar that investorsand these days, thats most of ususe to judge the health of corporate America. earnings per share is the number for which all other numbers are sacrificed. It is the distilled truth of a companys health.Too bad its often a lie.Alex Berensons The Number provides a comprehensiv, brutally factual overview of how Wall Street and corporate America lost their way during the great bull market that began in 1982. With wit and a broad historical perspective, Berenson puts recent corporate accounting (or accountability) disasters in their proper context. He explains how the wheels came off the wagon, giving readers the information and analysis they need to understand Enron, Tyco, WorldCom, Halliburton, and the rest of the corporate calamities of our times.
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- Q: How many pages does the book have? A: This book has three hundred twenty-eight pages. It provides an in-depth exploration of financial scandals in corporate America.
- Q: What type of binding does this book have? A: The book is available in paperback binding. This makes it lightweight and easy to handle for reading.
- Q: What is the size of the book? A: The book measures five point two inches in length, zero point seventy-five inches in width, and eight inches in height. These dimensions make it portable and convenient.
- Q: What is the reading level of this book? A: This book is suitable for adult readers. It covers complex themes related to finance and corporate ethics.
- Q: Is this book suitable for beginners in finance? A: Yes, beginners can read this book. It presents complex concepts in an accessible manner, making it understandable for new readers.
- Q: What themes are explored in this book? A: The book explores themes of corporate corruption, financial accountability, and the impact of quarterly earnings on business practices. These themes are critical for understanding modern corporate America.
- Q: How should I store this book? A: Store the book in a cool, dry place away from direct sunlight. This will help preserve its quality and prevent fading of the cover.
- Q: Can I clean the book if it gets dirty? A: Yes, you can wipe the cover gently with a dry cloth. Avoid using water or cleaning solutions to prevent damage to the pages.
- Q: Is this book considered safe for all readers? A: Yes, this book is safe for adult readers. It contains no explicit content but discusses serious corporate scandals.
- Q: What if my book arrives damaged? A: If your book arrives damaged, you should contact customer support for a replacement or refund. They will assist you in resolving the issue.
- Q: What is the return policy for this book? A: The return policy allows you to return the book within thirty days of purchase for a full refund. Ensure it is in original condition when returning.
- Q: How do I know if this book is right for me? A: Consider your interest in finance and corporate ethics. If you are looking to understand the pitfalls of corporate practices, this book is a great choice.
- Q: Are there any similar books to this one? A: Yes, other books on corporate scandals include 'The Smartest Guys in the Room' and 'Bad Blood'. These books also delve into financial ethics and corporate malfeasance.
- Q: Who is the author of this book? A: The author is Alex Berenson, a former financial investigative reporter for The New York Times. His expertise adds credibility to the book's analysis.
- Q: What publishing company released this book? A: The book was published by Random House Trade Paperbacks. They are known for a wide range of quality literature.
- Q: Does this book have any reviews or ratings? A: Yes, the book has received various reviews highlighting its insightful analysis of corporate America. It is generally well-regarded among readers interested in finance.