Enron trial opens
Article Abstract:
The long-awaited Enron trial finally opened in Houston, Texas, with the collapsed energy trading company's former chairman, Kenneth Lay, and chief executive, Jeffrey Skilling, facing charges of fraud and conspiracy. Prosecution witnesses have already pleaded guilty to crimes, and District Judge Sim Lake has stressed the importance of speeding things along, though the trial is still expected to last at least until May 2006.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
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Skilling and the cookie jar controversy
Article Abstract:
Jeffrey Skilling, former CEO of Enron is putting in a daring performance in the witness box at the Enron trial and is prepared enough to face questions both from his own side and the prosecution. The former CEO faces 28 counts of fraud, conspiracy, and insider trading and lying to auditors but was adamant and denied any wrongdoing during his questioning in the witness box.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
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Lay sticks the knife in
Article Abstract:
Kenneth Lay, founder and one time chairman of Enron, accused his Chief Financial Officer, Andrew Fastow, for the corruption and everything that happened at Enron. He also blamed others and straightforwardly laid the fraud and conspiracy charges on them.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
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