Description
Book SynopsisInvestigating the financial fraud and misguided power plays that brought down the telecom industry
Once the foundation of the Dow and NASDAQ, the telecom industry has eaten up more capital than any other industry in recent history and has nothing to show for it. Today, it is by far the worst culprit in the spate of financial dirty dealings that have been splashed across the business pages, and yet the rewards reaped by top executives at many of these failed or failing companies have been inversely proportionate to their decline. Broadbandits takes readers behind the scenes to get the story they won''t get in the media. Investigative reporter Om Malik follows the money trail and deciphers the actions and motivations of a generation of new economy barbarians that brought down this once lucrative industry. This intriguing book offers an inside look into the telecom bubble, with tales and anecdotes about mavericks who turned simple light and glass fibers into veins of gold, financiers
Table of Contents
Broadbandits: The Most Wanted List.
Prologue.
PART I: THE FIBER BARONS.
1. Bernie's Bad Idea.
2. Rocky Mountain High.
3. Once a Junkie, Always a Junkie.
4. Billionaire versus Billionaire.
5. The Attack of the Clones.
PART II: THE MILE NIGH CLUB.
6. Fresh Prince of Hot Air.
7. Nobody@HOME
8. Teddy Gets Taken to the Cleaners.
9. The House (of Cards) that Jack Built.
PART III. THE LIGHT KNIGHTS.
10. Canadian Rhapsody.
11. The Dan and Desh Show.
12. Just an Illusion.
13. The Swami of the Broadband Boom.
Epilogue: The End Game.
Acknowledgments.
Appendix A: Cash & Carry.
Appendix B: Bank Balance Buildout.
Notes.
Index.
