Broadbandits

If you’ve glanced at your retirement account balance or brokerage statement in the past few years, you no doubt have felt the effects of the broadband bubble. Less publicized than the 2000 tech wreck, the broadband meltdown was every bit as costly. Journalist Om Malik gathers the varied tales of telecom shenanigans and then adds up the stock sales so you can see how much the broadbandits took. Malik’s engaging and vitriolic writing style is fun to read, and he makes the intriguing assertion that the telecoms outdid the dot-coms in terms of sheer greed and gall. getAbstract.com suggests this book to investors who hope not to get burned, and to executives responsible for safeguarding shareholder value.