Infectious Greed: Restoring Confidence in America's Companies

I would recommend this book to anyone interested in understanding the culture and ethics that have lead to the numerous scandals the economy has been faced with as of late. If you are an investor or the board member of company, this text is worth reading. The investor benefits from a door being opened into companies that practice unethical financial practices and provides an investment warning. A board member, or anyone hiring an executive that has more interest in the long term viability of their company than the short term gains and rapid fallout associated with using accounting tricks to mislead the public will gain insight into the type of individual and practices that should be avoided at all cost. What these companies have done goes far beyond their employees and shareholders. It has shaken the whole economy.

I think that every MBA student and practitioner should read this book not to repeat another accounting scandal and not to mess up our economy again.