Word: causey
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...industry conference in Vail, Colo., a year ago groused to a senior Enron v.p. His dinner companion's startling reply: "You're more right than you know." Even people who believe that Lay was not involved in the dubious dealings of Skilling, Fastow and chief accounting officer Richard Causey concede that Lay had laid the foundation by encouraging Enron's ruthless, winner-take-all culture. A band of cocky, inexperienced young M.B.A.s was left alone to do whatever it took to structure a deal, regardless of the consequences. "Pushing the limits was what you were told...
...complete enough. Louisiana Republican Billy Tauzin's committee led off with four people that Skilling, trying to keep the cloud below him on the executive chain, would later have no problem remembering - Andrew Fastow, Michael Kopper, Richard Buy and Richard Causey. The four men, in turn, had no problem taking the Fifth Amendment and quickly departed. Then Tauzin brought out its heroes, former company Treasurer Andrew McMahon and former in-house lawyer Jordan Mintz. Both said they went to Skilling with their concerns about the shady partnerships - and to get his approval on them - and Skilling reportedly gave them...
...blame? Everybody else. Mintz and McMahon nudged the cloud upward toward Skilling (and Lay, and Buy and Causey and Kopper and Fastow). Robert Jaedicke and Herbert Winokur, two Enron board members trying to explain why they missed the whole thing, did likewise, throwing in Arthur Andersen and law firm Vinson & Elkins. Said Winokur: "It appears outside experts...failed us." Officials at both Arthur Andersen and Enron, added Jaedicke, "did not fulfill their duty...
...Enron's senior financial executives had previously worked for Andersen in Houston: Richard Causey, Enron's chief accounting officer, and Jeffrey McMahon, chief financial officer. Although it's not unusual for auditors to be subsequently hired by their clients, Andersen has an unusual history-in Waste Management's case, supplying every CFO from...
...there’s no mystery here, Causey said. Warm weather has delayed these birds in their journey south...