Word: companyã
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...letter, addressed to William C. Powers, who is head of Enron’s special committee, details Winokur’s possible involvement in approving Enron affiliates which contributed to the company??s downfall...
...report is highly critical of Enron, faulting its three leading executives—Andrew Fastow, Jeffrey Skilling and Kenneth Lay—for having “withheld from the board important information about” the company??s potentially fraudulent deals...
Enron’s filings with the Securities and Exchange Commission (SEC) in March 2000 and 2001 show Winokur owned more than 100,000 shares of Enron stock, which would have been worth between $8 and $9 million one year ago—before the value of the company??s stock plummeted to virtually nothing...
...Winokur is named as a defendant in a number of lawsuits filed by investors who lost money when Enron’s stock collapsed and charge the defendants with misleading investors about the company??s financial status...
According to Harvard Business School professor Samuel L. Hayes, a board’s finance committee is generally in charge of approving recommendations from the company??s chief financial officer...