Bethany McLean

19 statements across 1 episodes · 1 bullish · 6 bearish · 1 people on the record · first statement Jun 9, 2020 by Bethany McLean · across every show →

On the record as a speaker too: Bethany McLean's record, appearances and statements → this page counts the times other people say the name.

Everything said about Bethany McLean, oldest first

Jun 9, 2020 neutral
Assertion Supported
McLean: Fortune's Enron takedown originated from short seller Jim Chanos' tip
“But this piece, nonetheless, which started when a guy named Jim Chanos, who many people know, he's one of the longest-running short sellers out there, came to me and said, how does Enron make money? Tell me if you can figure it out.”
Bethany McLean Jun 9, 2020 ▶ 3:05 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Opinion
McLean: Elon Musk has repeatedly lied to secure funding for his vision
“That's certainly true of Elon Musk. Wherever you believe he sits in that spectrum, when you look at his history, he's for sure lied at many points in time in order to keep funding his dream.”
Bethany McLean Jun 9, 2020 ▶ 30:53 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Insight
McLean: Fake corporate altruism is almost worse than single-minded profiteering
“That belief that a company has a broader purpose can become a cover, an excuse for a lot of bad behavior too, right? Because fake altruism is almost worse than single-minded profiteering, right?”
Bethany McLean Jun 9, 2020 ▶ 21:36 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Insight
McLean: Hyper-precise language concealing broader reality is a major red flag
“And when people are very precise with language such that what they're telling you is true, but they're totally not telling you the broader truth, that's a really interesting characteristic too.”
Bethany McLean Jun 9, 2020 ▶ 52:11 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 neutral
Assertion Supported
McLean: Former Enron CEO Jeff Skilling preferred hiring 'people with spikes'
“Jeff Skilling used to say that he liked people with spikes, and what he meant by that was that he didn't like well-rounded, genial, average people. He liked people with a really exceptional characteristic that defined them, and that may come at the expense of …”
Bethany McLean Jun 9, 2020 ▶ 46:21 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Assertion Not checkable as stated
McLean: Enron investors ignored business fundamentals to chase 20% earnings growth
“So many people who were investors in the company Couldn't answer the basic question, how does this company make money? They just wanted the 20% earnings growth that would spit out the bottom line, and the stock price jump that would happen when the company met…”
Bethany McLean Jun 9, 2020 ▶ 2:25 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 neutral
Insight
McLean: Many visionaries lie to keep investors funding their dreams
“Because a lot of visionaries from Thomas Edison through have lied at various points in time and have said things that weren't true in order to keep their employees and their investors believing in them so they can keep getting the money to fund their dreams.”
Bethany McLean Jun 9, 2020 ▶ 30:40 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 neutral
Disclosure
McLean: I do not invest and have zero interest in it
“I don't invest. I have zero interest in it.”
Bethany McLean Jun 9, 2020 ▶ 1:15:47 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 positive
Insight
Bethany McLean: Good journalism is transparency and honesty, not infallibility
“I don't think it's necessarily getting it right, because I think really provocative stories may prove to be wrong. I think it's transparency and intellectual honesty, so being clear about what the facts are and where things are coming from, so that people can …”
Bethany McLean Jun 9, 2020 ▶ 42:06 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Opinion
McLean: Hyped digital media models like BuzzFeed and Vice failed to work
“Most of the new business models that have come along and been hyped for a period of time have proven not to work any better than the old business models, whether it was Vice or BuzzFeed or what Vox or whatever else has come along that people have said, this is…”
Bethany McLean Jun 9, 2020 ▶ 37:28 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Assertion Not checkable as stated
McLean: Journalists criticized her for taking tips from Enron short sellers
“Back in the day when I wrote about Enron, even other journalists said to me, well, you took a tip from a short seller. How, how could you do that?”
Bethany McLean Jun 9, 2020 ▶ 10:21 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 neutral
What-if
McLean: As an Enron employee, I probably would have been a believer
“And if I had ended up at Enron, would I have been a whistleblower, or would I have been a believer? And I like to think the former, but I suspect the truth is probably the latter”
Bethany McLean Jun 9, 2020 ▶ 11:52 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Insight
McLean: White-collar crime stems from ego and rationalization, not deliberate malice
“I've really come to believe that very few white-collar crimes or stories of business gone wrong are done by people who deliberately set out to deceive other people. Usually it's this odd mixture of Rationalization. Arrogance. Some greed, yes, but usually greed…”
Bethany McLean Jun 9, 2020 ▶ 24:34 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Insight
McLean: Investors succumb to charismatic founder worship over evaluating business profitability
“And I think we're particularly guilty of that today because the lure of the founder is, is so strong. And so there's this idea that the right charismatic person can build anything. And so I People latch on to that. We all want to find that person we can believ…”
Bethany McLean Jun 9, 2020 ▶ 40:18 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 neutral
Insight
McLean: Wealth Accumulation Beyond Basic Needs Serves Ego, Not Utility
“Money over a certain point, if it's your goal, is for sure not in service of material goods or making your life nicer. It's just about comparing your balance to those of other people so you can feel bigger than they are, and so that's what I mean by greed in t…”
Bethany McLean Jun 9, 2020 ▶ 26:38 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Insight
McLean: Employees cannot objectively perceive wrongdoing when their pay depends on it
“If you're inside a company and your pay depends on that company, that's that great Upton Sinclair quote, right? You can never tell a man anything if his wallet depends on him not hearing it. That's something like that. If you're inside a company and everybody …”
Bethany McLean Jun 9, 2020 ▶ 12:01 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Disclosure
McLean: Subjects Always Learn Every Unflattering Claim Prior to Publication
“We always at Fortune, and I still today have a belief, I'd always, if I'm writing something about you will know everything in the piece that is unflattering before it goes to print, so that we'll, we'll have it out before it's in print.”
Bethany McLean Jun 9, 2020 ▶ 1:00:08 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020
Insight
McLean: Inspiring a Grand Vision Makes CEOs Blind to Failure
“It's very hard to be the leader of a company, I would think, if you yourself aren't a believer, and aren't biased toward belief, because you need, as the CEO or the leader, to be able to inspire other people, right, with your grand vision. And so how, if you'r…”
Bethany McLean Jun 9, 2020 ▶ 29:45 #85 Bethany McLean: Crafting a Narrative
Jun 9, 2020 negative
Opinion
McLean: Stock performance does not rationally prove Elon Musk is a genius
“In the Tesla debate, one of the main things Tesla bulls say is, look at the stock. So, because the stock has done so well, that proves that Elon Musk is a genius and that our belief is, is right. I mean, obviously, it proves nothing of the sort, right? It's a …”
Bethany McLean Jun 9, 2020 ▶ 41:10 #85 Bethany McLean: Crafting a Narrative
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.