Wheel, Deal and Steal: Deceptive Accounting, deceitful CEO's and Ineffective reformsby Daniel Mills, D. Quinn Mills, D. Quinn Mills
In Wheel, Deal, and Steal, Harvard Business School/i>
When it comes to the global financial scandals, it wasn't just Enron, or WorldCom, or Global Crossing, or Tyco... and it's not over. Just under the surface, financial scandal continues to bubble at many of the world's most respected "blue chip" companies—and reforms have barely scratched the surface.
In Wheel, Deal, and Steal, Harvard Business School professor Daniel Quinn Mills shows investors exactly how the financial frauds work, where the money goes, who's to blame, and what they can do about it. He explains how imperial CEOs continue to mislead and steal from their investors—and how the rules intended to protect investors continue to fail.
Mills outlines comprehensive reforms that can clean up the system and keep it clean, by finally eliminating the incentives that still promote massive corruption. Best of all, he shows small investors how to protect their remaining assets—and, in some cases, even recover their losses.
- The imperial CEO: still the heart of the problem How power-mad, greedy CEOs continue to loot their companies
- Why "reforms" aren't working—and how to really fix the system Real protections that leverage the power of the marketplace
- Freezing and seizing: a direct route to the CEO's pocketbook How to protect your investments—and (just maybe) recover your losses
- Beyond "the ethics of the gutter" What it will take to return integrity to corporate America
- Going forward: what investors should do now Making intelligent decisions about market risk in the coming years
Financial scandals: It's not just Enronand Worldcom... and it's not over!
The insiders call Wheel, Deal, and Steal a must-read!
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