Summary:
The book chronicles the ascent of the energy company Enron, detailing its innovative business strategies and complex financial practices. It also delves into the corporate scandal that led to Enron's dramatic collapse, exposing the unethical behaviors and accounting fraud that underpinned its downfall.
Key points:
1. Enron exploited energy market deregulation to create and trade new financial products like energy derivatives, fueling rapid growth and establishing itself as a top energy trader.
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