CEDA

Bethany McLean: The amazing rise and scandalous fall of Enron

Bethany McLean was the first journalist to uncover the financial deceit at US energy giant Enron. She entertained a full house at CEDA in Sydney on late 2005 with her revelations about the Enron scandal.


Bethany McLean came to US financial magazine Fortune from Wall Street, after spending three years working at Goldman Sachs. That background helped her break the Enron scandal.

McLean's book The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (co-authored with Peter Elkind) brought acclaim from reviewers across the spectrum. The New York Times called it "powerful and shocking"; Entertainment Weekly called it "compelling". It has now been made into an acclaimed documentary film. In her address to CEDA, McLean sets out the deceit and self-delusion that drove Enron's rise and fall.

"Enron actually was the most innovative company in corporate America," she says. "Unfortunately we all had no idea just how innovative they were."

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