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Wanda Curry – chief accounting officer of Enron North America prior to Wesley Colwell displaced by Colwell, "not capable of making aggressive accounting decisions" U.S. District Judge Sim Lake did not allow prosecutors to get into details about the transaction – year-end 1999 electricity trading deal with Merrill Lynch – that prompted J ...
Arthur Andersen LLP v. United States, 544 U.S. 696 (2005), was a United States Supreme Court case in which the Court unanimously overturned accounting firm Arthur Andersen's conviction of obstruction of justice in the fraudulent activities and subsequent collapse of Enron.
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.
Other figures in the growing pantheon of white-collar criminals -- names like Dennis Kozlowski (Tyco), Jeffrey Skilling (Enron, pictured) and Bernard Ebbers (WorldCom) -- most likely didn't decide ...
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 ...
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 ...
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.
(Bloomberg Opinion) -- U.S. authorities have lately been taking steps against Wall Street misbehavior, perhaps seeking to respond to criticism that they have been slow to prosecute white-collar ...