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Sgitr is a great book and gives a real appreciation of how Ernon could have happened and will happen again. The perfect storm of hands off management and belief that ideas are more important than execution, plus the usual greed and slippery slope of covering small frauds with increasingly bigger ones. Other than Skilling and Fastow, they weren't all bad guys, I hope I'm never caught in a situation like that.

Also interesting is that sgitr is almost identical to "Bad Blood" by John Carreyrou (sp?) about Theranos. Most of the same elements were present in that fraud.




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