Presents the inside story of how Macy's executives launched the largest leveraged buyout in retail history, a move that nearly destroyed Macy's and led to its acquisition by its rival, Federated... This description may be from another edition of this product.
This book is a perfect example of what investors should read, to avoid the next Enron, or for that example, Macy's.Macy's is the unfortunate story of how one man's ego and belief that he can do no wrong, brought on the colapse of one of the 20th centuries great merchant companies. If you are an investor, it is important to read this book, to gain an understanding of what to look out for in the world of investing.
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