Book Details

Broadbandits: Inside the $750 Billion Telecom Heist

Broadbandits offers a candid look at how fiber barons such as Bernie Ebbers of WorldCom, Gary Winnick of Global Crossing, and Joe Nacchio of Qwest turned simple light and glass fibers into veins of gold that allowed them to build enormous personal fortunes, even as their companies were going down in flames. You'll be there to watch as eager venture capitalists and unknowing investors try to buy their piece of the American Dream - only to get burned by once high-flying companies such as Excite@Home, Winstar, McLeodUSA, Nortel, and Sycamore.

Broadbandits puts you face-to-face with the shameless individuals who used the hype and hysteria of the telecom revolution to pump up telecom stocks and line their own pockets - even when there was little evidence to substantiate their claims. You'll learn how the former pied piper of the telecom industry, analyst Jack Grubman, played both sides of the fence to make millions, while pundit George Gilder's pie-in-the-sky predictions transformed him into a cult hero, until everything came crashing down on him.

• The Art of War
• Confessions of an Economic Hit Man
• Perfect Phrases for Performance Reviews