During the last two decades, deregulation and restructuring were widely expected to transform the nation's energy industries, bringing more competitive pricing and abundant, reliable energy to the public. Instead, consumers and investors in the post-Enron era have suffered losses measured in the billions, attributable to market-rigging, accounting fraud, and business plans that were doomed to fail. In this in-depth look at the latest era of greed, Jeremiah Lambert explains how the leaders of these companies schemed, collaborated, or ignored the obvious signs that signaled the oncoming failures of well-established energy companies.

Features & Benefits

• What reforms are necessary in corporate accounting and reporting
• The consequences of corporate boards that blindly rubber-stamp company policies
• Insight into poorly designed deregulation and the nightmare consequences for the public

Audience

• Field level personnel
• Management
• Energy lending and finance professionals
• Anyone who seeks to understand how, or relies upon, energy markets
• Students

About the Author

Jeremiah D. Lambert is a nationally recognized lawyer representing clients in the electricity and natural gas industries. Mr. Lambert also served as Co-Chairman of the Board of Directors of Global Crossing Ltd. during that company's Chapter 11 reorganization in 2002-03 and is presently a member of the Executive Committee of its post-bankruptcy successor, also called Global Crossing Ltd. A graduate of Princeton University and Yale Law School, Mr. Lambert practices law in Washington, D.C.

Details
Type: Hardcover
Size: 6x9
Pages: 267
Published: 2006
ISBN: 9781593700607