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An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.
The Enron scandal was an accounting scandal sparked by American energy company Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, leading to its accounting firm, Arthur Andersen, then one of the five largest in the world, dissolving.
Diann Shipione is a former trustee of the San Diego City Employees' Retirement System pension board, credited with exposing unlawful underfunding of the pension fund [1] and omissions in municipal bond sales documents. [2] She was formerly a vice president at UBS financial services and is the wife of businessman Patrick C. Shea.
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
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The trial of Kenneth Lay, former chairman and CEO of Enron, and Jeffrey Skilling, former CEO and COO, was presided over by federal district court Judge Sim Lake in the Southern District of Texas in 2006 in response to the Enron scandal.
Six years into a 24-year stretch in the Big House, ex-Enron CEO Jeffrey Skilling may be getting an early release -- let out after serving barely 25% of his sentence. Enron, for those who don't ...
Jeffrey Keith Skilling (born November 25, 1953) is an American businessman who in 2006 was convicted of federal felony charges relating to the Enron scandal. Skilling, who was CEO of Enron during the company's collapse, was eventually sentenced to 24 years in prison, of which he served 12 after multiple appeals. Skilling was indicted on 35 ...