Introduction
Bethany Lee McLean (born December 12, 1970) is an American journalist and contributing editor for Vanity Fair magazine. She is known for her writing on the Enron scandal and the 2008 financial crisis. Previous assignments include editor-at-large, columnist for Fortune, and a contributor to Slate.
Early life and education
McLean was born in Hibbing, Minnesota on December 12, 1970. McLean graduated from Hibbing High School in 1988. In 1992 she received a B.A. in English and mathematics from Williams College.
Career
McLean started her career as an investment banking analyst for Goldman Sachs and joined Vanity Fair as a contributing editor in 2008. She began as a contributor to Slate's Moneybox column, in 2010 and "The Bulldog" column in Fortune.
She authored an article on Enron for the March 5, 2001, issue of Fortune entitled, "Is Enron Overpriced?" The article noted some irregularities in Enron's financial documents that were available to the public, suggesting the company's then-record high stock price was unjustified but she did not at that point suspect fraud at Enron. After Enron's rapid collapse later in 2001, McLean co-authored the book The Smartest Guys in the Room (2003) which detailed the corrupt business practices of Enron officials.The book was later made into the Academy Award-nominated documentary Enron: The Smartest Guys in the Room.
In 2005 Mclean got into a spat with Overstock.com CEO Patrick M. Byrne after she wrote a negative article about Overstock and him.Emails unsealed in the Fairfax Financial (NYSE:FFH) vs. SAC Capital, et al lawsuit revealed that Mclean had been receiving assignments from a contact at Copper River Management.
She co-authored a book on the 2008 financial crisis titled All the Devils Are Here.
In September 2015, she published Shaky Ground: The Strange Saga of the U.S. Mortgage Giants which examines the governance and financial situation of Fannie Mae and Freddie Mac seven years after the 2008 financial crisis. The Washington Post selected it as one of the best nonfiction books of 2015.
In September 2018, she published Saudi America: The Truth about Fracking and How It's Changing the World which examined the "fracking revolution" and U.S. energy independence. In 2019, Mclean launched a podcast titled Making a Killing on Luminary.
Personal life
McLean married Chris Wilford in 2000 and divorced in 2006. In May 2008, she married attorney Sean Berkowitz, the former Director of the United States Department of Justice Enron Task Force. They divorced in 2020. McLean resides in Chicago with her children.
Bibliography
Books
- McLean, Bethany; Elkind, Peter (2003). The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron. New York: Portfolio. ISBN 1-59184-008-2. OCLC 52418094.
{{cite book}}:CS1 maint: date and year (link) - McLean, Bethany; Nocera, Joe (2011). All the Devils Are Here: The Hidden History of the Financial Crisis. New York: Portfolio/Penguin. ISBN 978-1-101-44079-7. OCLC 688505799.
- McLean, Bethany (2015). Shaky Ground: The Strange Saga of the U.S. Mortgage Giants. New York: Columbia Global Reports. ISBN 978-0-9909763-0-1. OCLC 898533197.
- McLean, Bethany (2018). Saudi America: The Truth About Fracking and How It's Changing the World. New York: Columbia Global Reports. ISBN 0-9997454-4-1. OCLC 1028187397.
Essays and reporting
- McLean, Bethany (March 5, 2001). "Is Enron Overpriced?". Fortune (magazine).
- Burrough, Bryan & McLean, Bethany (May 2, 2013). "The hunt for Steve Cohen". Vanity Fair. Vol. 634. pp. 76–83, 121–125.
- McLean, Bethany (August 25, 2019). ""He's Full of Shit": How Elon Musk Gambled Tesla to Save SolarCity". Vanity Fair.