Reviews for Financial Planning and Control

The average rating for Financial Planning and Control based on 2 reviews is 2.5 stars.

Review # 1 was written on 2016-09-16 00:00:00 Gayle Moore I enjoyed the book by Om Malik, Broadbandits: Inside the $750 Billion Telecom Heist (2003), even though there were a number of factual errors within the text. On Malik's most wanted list, you had the bosses and underbosses, akin to the Mafia, the mafia of telecommunications during the early 2000s: Bosses - Gary Winnick, Global Crossing co-founder Bernie Ebbers, Worldcom CEO Jack Grubman, Salomon Smith Barney telecom analyst Joe Nacchio, QWEST CEO Ken Rice, Enron Broadband Services Under bosses - Scott Sullivan, WorldCom CFO Matt Bross, Williams Communication Group, CTO Richard McGinn, Lucent CEO In 1996, the telecommunications sector was the new Wild West. The Telecommunications Act of 1996 had just been approved by President Bill Clinton, which led to an excess of bandwidth built upon an optical fiber high-speed that made Internet access the norm. The FCC wanted to break the chokehold of the Baby Bells in the local network, and the Telecom Act did just that. Deregulation provided new opportunities for entrepreneurs - and so did the rise of the Internet. AOL, for example, grew from 1.5 million subscribers in December 1994 to 7 million by December 1996 and to 15 million by December 1998. New service providers appeared to challenge the Baby Bells and new equipment manufacturers appeared to serve them. For those involved in telecom, it was a wild ride. If you love reading about the history of the telecom and want to know more about the telecom bust of 2002, I recommend reading Malik's book. You can also check out my book, The Upstart Startup (2014) to read about some of those new equipment manufacturers, including Cerent, that challenged the status quo of optical transport equipment at the close of the millennium.

Review # 2 was written on 2014-05-19 00:00:00 Debra J. Desaulniers I first read this (and liked it a lot) when it came out years ago; thought it was time to revisit the issue. However, this time around I didn't find it that interesting... the stories are mostly quite shallow, with lots of important details missing and not a complete picture of each case Malik presents. A rather poor book, I find...