The last decades have been marked by the collapse of seemingly unshakable corporate giants such as Enron and WorldCom. Scandals and fraud in the world's largest companies, the dishonesty and greed of their top management have already become a sign of the times and have had a devastating impact on both the global economy as a whole and the lives of ordinary citizens. Kurt Eichenwald, journalist for the New York Times, author of a sensational book about Enron, “Conspiracy of Fools,” reveals to the reader the story of one of Wall Street’s most notorious frauds - the story of the rise and fall of the powerful financial company Prudential-Bache Securities, to which thousands of ordinary Americans entrusted their money... and lost it. This is a fascinating and instructive business thriller, entirely based on real events, which are meticulously restored by the author with the help of hundreds of interviews, documents and witnesses.