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Quote by Bethany McLean

“They believed that the market was the ultimate judge of their work and their worth. The market created a true meritocracy: you either made money because you made good trading decisions or you lost money because you made bad ones. Enron traders didn't concern themselves with ethics or morality apart from the unyielding judgment of the markets. Maximizing profit was not inconsistent with doing good, they believed, but an inherent part of it, and the judge of good and bad was the immediate consequence of a split-second trade. The highest compliment a trader could pay a colleague was to call him intellectually pure. The worst insult was to accuse someone of making a deal that wasn't economic.”

Quote by Bethany McLean

Book:The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
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The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron

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Author

Bethany McLean
Bethany McLean

Bethany McLean is a seasoned editor with extensive experience in financial news reporting. Born on December 12, 1970, she has worked for several prominent media outlets. more

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Book:Yaralardan Yangın Doğar: Explorers of Night are Emperors of Dawn
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