Search results
Results from the WOW.Com Content Network
An Enron manual of ethics from July 2000, about a year before the company collapsed. Enron's complex financial statements were confusing to shareholders and analysts. [1]: 6 [10] When speculative business ventures proved disastrous, it used unethical practices to use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.
According to the East Bay Times, the defense "went so far as to suggest 13 of the 16 Enron executives who have pleaded guilty to federal crimes were innocent but caved in to intense pressure from federal prosecutors." [1] The prosecution argued that leaders lied to Wall Street and investors about "crumbling finances".
As a consultant for McKinsey, Skilling worked with Enron during 1987, helping the company create a forward market in natural gas.Skilling impressed Kenneth Lay in his capacity as a consultant, and was hired by Lay during 1990 as chairman and chief executive officer of Enron Finance Corp. [18] In 1991, he became the chairman of Enron Gas Services Co., which was a result of the merger of Enron ...
The Enron trademark was bought in 2020 for $275 by The College Company, according to a U.S. Patent and Trademark Office document. The file says the company sells t-shirts and Polo shirts, and ...
Last week, the poster boy for executives committing fraud, Jeffrey Skilling, had his appeal of his criminal conviction heard before the U.S. Supreme Court. Skilling was convicted in 2006 on 19 ...
People in Houston and Americans everywhere are eagerly awaiting the Supreme Court's ruling in Skilling v. United States, which will decide whether former Enron CEO Jeff Skilling will serve out his ...
A professor at Stetson University College of Law, Podgor was named the Gary R. Trombley Family White-Collar Crime Research Professor in 2011, has been quoted in The New York Times, [4] [5] The Washington Post, The Wall Street Journal and other publications on big news stories such as Bernie Madoff and Enron.
Sean M. Berkowitz (born 1967) is a former director of the Department of Justice's Enron Task Force. He prosecuted former employees of Enron who were accused of white collar crimes, principally accounting fraud. Most significantly, he was the lead prosecutor in the joint trial of Kenneth Lay and Jeffrey Skilling.