Bethany McLean and Getting Past Wall Street's Promotion Machine
In our latest Masters in Business podcast, we speak with Bethany McLean, a contributing editor at Vanity Fair magazine and author of numerous books, including (as co-author) "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron."
A graduate of Williams College, McLean discussed the brutal competition she witnessed as an investment banking analyst at Goldman Sachs. McLean gave up banking for journalism, joining Fortune magazine in 1995. She said her frustration with the media’s role in "Wall Street's promotion machine" led her to seek out more skeptical voices. She eventually wrote the now-infamous March 5, 2001, article, "Is Enron Overpriced?" By year-end, Enron had filed what was then the largest corporate bankruptcy in U.S. history.
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