Smith, Rebecca and Emshwiller, John R. 24 Days: How Two Wall Street Journal Reporters Uncovered the Lies That Destroyed Faith in Corporate America. New York: HarperBusiness (HarperCollins), 2003. 400 pages.

Rebecca Smith and John R. Emshwiller worked together out of the Los Angeles bureau of the Wall Street Journal in 2001. They were interested in evidence of price manipulation by Enron and other companies, as the price of California electricity had spiked beginning in May 2000, and supplies continued to be a problem. Then on August 14, 2001, Jeff Skilling announced his resignation from Enron. By October Enron's stock price was plunging, and Andrew Fastow, the man behind the mysterious "Fastow partnerships," was fired. On December 2, 2001, Enron filed for bankruptcy.

The title of this book comes from its blow-by-blow description of how these two reporters covered the Enron story through interviews, confidential sources, Internet searches, and even reading the fine print in obtuse and incomprehensible footnotes found in SEC reports filed by Enron. The Fastow partnerships became known as LJM, LJM2, and Chewco. In January, Arthur Andersen announced that its employees had shredded Enron documents, and then John Clifford Baxter, an Enron executive, committed suicide. Everything fell apart very quickly. This book does not try to be the most comprehensive look at Enron, but it does provide some of the Woodward and Bernstein buzz that's been missing from American journalism for too many years.
ISBN 0-06-052073-6

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