Fans pick 100 books like The Informant

Because I was a prosecutor on the Enron case, people often ask me what to read about it (or even to explain it to them!). At the time, we used to say that Enron was calculus to every other case’s algebra when it came to corporate financial fraud. Elkind and McLean (McLean had a lot to do with questioning Enron’s narrative before the company’s decline) have done the definitive job of explaining a very hard case in accessible style and detail. The truth is that accounting fraud is a very technical form of corporate fraud, sometimes painfully so. But, as I tell my students, the people who work at companies on these kinds of things are no smarter, and often no older, than my students. They just speak a different language. Don’t let that obfuscate matters. Learn the lingo and follow the money. Smartest Guys allows the general reader to… show more.

Mr. Carreyrou was the Wall Street Journal reporter who broke the story that eventually led to the downfall of Elizabeth Holmes, CEO of Theranos. At its peak, this company was worth over $9 billion. Today, Holmes and her former COO have been convicted of fraud and are serving time.

I like this book because it serves as a curriculum for how NOT to operate a biotech company. It shows that while belief in your vision is essential for all successful entrepreneurs, there is no place for secrecy and arrogance in the business world.

Unfortunately, the “Theranos” effect has led to a decline in investment in new medical technology and has had a negative effect on the value of clinical laboratories.

In this tour-de-force work of investigative journalism, New Yorker staff writer Patrick Radden Keefe traces the sordid history of the Sackler dynasty, the billionaire family behind Purdue Pharmaceuticals and its blockbuster narcotic painkiller OxyContin.

With both narrative verve and moral urgency—a combination that isn’t always easy to pull off—this book exposes one of the many points of origin for America’s devastating opioid epidemic. Keefe’s work has reinforced my conviction that drug historians have an important role to play in shaping public understanding and policy debates around these substances in the present. I found this book to be a page-turner and one of the most thoughtful books I’ve read in years.  

Partnoy, a distinguished law professor at Berkeley, is a brilliant chronicler of the people and products in modern financial markets. One could read any of his books and say they were among the best ones on the market and corporate chicanery. But I love his first book, in which he tells the tale of his brief time trading derivatives—back in the very early days of those now world-famous products—among the unsavory characters of a Wall Street trading floor. The story has been told by others since (Wolf of Wall Street, Big Short, etc.) but Partnoy may have done it first. And seeing that world through his young, brilliant, and impressionistic eyes is wonderful. His firm tried to block him from publishing the book, but he did it and has gone on to a magnificent academic career in which he continues to tell it like it is, understanding the… show more.

Set in Baghdad in 2002, this book introduced me to a part of the world that I knew little about. The novel is written as a braided narrative of three interconnected women—Huda, Rania, and Ally—each harboring their own secrets and lies as they navigate life under Sadaam Hussein’s authoritarian regime.

I found myself holding my breath as the three women’s lives became increasingly entangled and endangered. This compelling and suspenseful novel asks how much we are willing to compromise our values in order to protect the people we love. I enjoyed reading it and learned a lot about Iraq in the process.

The author of this fascinating book was an intelligence officer in a unit of the Provisional IRA, in the town of Newry in Northern Ireland, in the 1980s. Later, he broke under British interrogation and gave evidence against his former comrades. Though he later retracted the evidence, he was subsequently murdered, almost certainly by individuals linked to the republican movement. The book details the author’s reasons for joining the IRA, and his role in the movement’s armed campaign. Collins’s task was to seek out individuals linked in one way or another to British forces in the Newry area and then to facilitate their killing by the IRA. The book is written from a position of deep disillusionment with the campaign in which the author was engaged. It offers unique insight into some of the workings of this organization, and into the nature and motivations of the people involved.   

One of the risks that the Compliance Officers oversee is the risk of money laundering; depending on how it is managed, it is possible to minimize reputational risk. This book helped me pinpoint precisely the necessary elements that must be included in a compliance plan to achieve strong corporate responsibility and compliance culture. By having those controls in place, money laundering and even any other white-crime risk are minimized and, incidentally, reputational risk. If you apply this, the company you work for it's going to be protected, and your boss is going to be happy, a win-win for everyone!

I worked at Arthur Andersen, and I was selected to be among the few teams that started to understand, learn, and apply risk assessments or business risk management methodology. In this book, I came across these concepts again, which are vital to identifying where the risk of money laundering and any other crime may occur. In addition, this book also includes useful information to be considered in the compliance program and how fraud and corruption are related to money laundering. It's a book that provides solid knowledge.

Published in 2001, The Constant Gardener is my favorite le Carre Novel. A British diplomat in Nairobi, Justin Quayle, is informed his activist wife, Tess has been killed in a remote part of Kenya along with a doctor friend. As Quayle investigates her life (in a similar way to Eric Ambler unfolds Dimitrios’s life), he uncovers her work exposing large pharmaceutical companies’ unethical experiments in the poorest regions of Africa. This leads to her brutal death and cover-up at a diplomatic and political level. It is an exceptional book that makes you rethink how medicine and the industry behind it operates. After the collapse of the USSR, le Carre seemed to struggle with his work, The Constant Gardener though, kick-started another two decades of great writing from him.

I’m fascinated by the possibilities presented by post-nation futures. Infomocracy looks at a future where ‘centenals’—groups of 100,000 people without historic nationalist borders—elect an international corporate-affiliated body to govern the world.

High-stakes political intrigue fuels the biggest election in a century as multiple factions battle it out to seize power through the vehicle of futuristic democracy. To me, the highlight of this novel is its exploration of democracy—it’s peppered with paradoxical and intense arguments that are rewarding to engage with, and enhance the richness of its world.