Includes bibliographical references and index.

A crisis of trust / Niskanen -- Major private responses / Niskanen -- Political responses to the Enron scandal / Reynolds -- Don't count too much on financial accounting / Niskanen -- Corporate accounting before and after Enron / Benston -- Don't count too much on auditing / Niskanen -- The formal audit process / Benston and Niskanen -- The market analysts / Niskanen -- Public and private rule making in securities markets / Mahoney -- Should Congress repeal securities class-action reform? / Pritchard -- The business press as a corporate monitor: How the Wall Street Journal and Fortune covered Enron / Weaver -- Lawyers as corporate monitors / McNamar -- Bankers as corporate monitors / McNamar -- The credit rating agencies / Rodríguez -- The SEC as a corporate monitor / McNamar -- Our tax system is a major part of the problem / Niskanen -- Compensation, journalism, and taxes / Reynolds -- Replace the scandal-plagued corporate income tax with a cash-flow tax / Edwards -- Corporate governance / Niskanen -- Major policy lessons from the collapse of Enron / Niskanen.