Word: enronization
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...guilty verdicts may be in against former Enron CEO and chairman Ken Lay, but he is still doing battle with, of all things, his alma mater. Seven years after making a $1.1 million gift to endow a chair in economics at the University of Missouri, Lay is now trying to have the money returned. Last September, in the wake of Hurricane Katrina, he personally sought to have the money - as yet unused - transferred back to Houston to assist 14 charities in relief efforts, including preacher-author Joel Osteen's megachurch. Five months later in February this year, the trustee...
...more than a little skepticism by his prosecutors. (Scrushy was acquitted). Battistoni raises similar questions about Lay?s attempt to divert the money to charities in the fall before his trial started, but he doesn't believe the money is "tainted" since it was donated before the shenanigans at Enron began...
...spring 2001, the technology bubble was bursting, and Enron was slipping along with it. In late June, Watkins went to work directly for [chief financial officer Andrew] Fastow, who charged her with finding some assets to sell off. But everywhere she looked she found the same thing: fuzzy off-the-books arrangements that seemed to be backed by nothing more than now deflated Enron stock. No one she asked could?or cared to?explain what was really going on. Knowing that others had got into trouble after challenging Skilling, who by then was CEO of the entire company, Watkins began...
...Coming The question at the heart of the fraud trial of Enron Corp. founder Kenneth Lay and former CEO Jeffrey Skilling involves the men's awareness of Enron's accounting and financial manipulations?a minefield that Sherron Watkins, one of TIME's 2003 Persons of the Year, recognized long before the company collapsed...
...volumes in Philadelphia and Saving Private Ryan but just registers as numb here. The villains fare a bit better. Bettany gets some poignance out of his role as self-flagellator and avenging devil, and Alfred Molina, as an Opus Dei poobah, plays liturgical corruption as if he were an Enron exec in robes. McKellen, a pro's pro, lends suavity and power to the Leigh Teabing role (a character Brown named for two of the authors of Holy Blood, Holy Grail). Yet when he delivers the film's dead-serious climactic line - "You're the last living descendant of Jesus...