The Number

In "The Number," Alex Berenson traces the rise of the American stock market from the 1980s to the present day. With insider access to the financial world, Berenson provides a detailed analysis of the accounting practices behind the worst corporate scandals in history, including Enron and WorldCom. Through meticulous research, he investigates how the focus on quarterly earnings reports became the driving force on Wall Street and how this obsession with short-term results led to the downfall of many companies. Berenson reveals how companies manipulated their financial reporting and what investors should be aware of when it comes to the truth behind the numbers. If you're interested in understanding the inner workings of corporate America and how it affects the economy at large, this book is a must-read.

finance ꞏ deception ꞏ economics ꞏ accounting ꞏ bull market ꞏ corporate america ꞏ quarterly earnings ꞏ stock market ꞏ analysis ꞏ business ꞏ fraud ꞏ wall street ꞏ capitalism ꞏ non-fiction ꞏ scandal ꞏ worldcom ꞏ investing ꞏ enron ꞏ stock trading