Arbogast (finance, C. T. Bauer College of Business) was a financial officer at ExxonMobil companies for over 30 years. The first edition was devoted to the Enron scandal, and this second looks
at how the safeguards established after Enron, failed to keep major US banks from engaging in similar shady dealing, which led to the 2007-08 financial collapse worldwide. His section on Enron
covers demolishing financial control and neutering the gatekeepers, business model failures and accounting manipulations, and resisting corruption. The new material on the financial scandal
covers how new business models undermine standards and controls, consequences for gatekeepers and firms, and financial firms and resisters. Annotation ©2013 Book News, Inc., Portland, OR
(booknews.com)
