Word: enronization
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...reinvention whatsoever tried to pass them off as her own. Yes, I acknowledge that we live in a super-competitive age, but there are limits to everything. Let’s not forget the new robber barons that have been sentenced and put away for stealing millions from Enron, WorldCom, and other corporations. Great authors make allusions. Ms. Austen did not lift the very language of Anne Radcliffe’s “Mysteries of Udolpho” to write her “Northanger Abbey.” She made allusions to that text and to its gothic...
KENNETH LAY, former Enron chief executive, testifying at his trial on charges of conspiring to defraud investors...
...even during questioning by his own lawyer, Lay appeared to avoid answering some questions directly, saying only what he wanted to say, when he wanted to say it. "Ken Lay wants you to believe he relied on his lawyers while at Enron, but he's not relying on them at trial," says Houston attorney Joel Androphy, author of a the textbook White Collar Crime. Lay's lead attorney, Mike Ramsey, has not returned to the courtroom after heart surgery. While his team of three attorneys, along with Lay's daughter Elizabeth Vittor, have been in charge since, Lay appears...
...Hueston pointed out that Lay's son, Mark L. Lay, was a short seller himself in March 2001. Hueston, famous for having never lost a case, anticipated every answer Lay gave, and promptly displayed documents to rebut them. It was beautifully choreographed. When Lay disputed a statement from former Enron Treasurer Ben Glisan and grumbled that Glisan's story at trial was different from what he said in 2001, Hueston presented a newspaper article dated October 2001 in which Glisan gave an identical statement...
...Prosecutors expect to wrap up their cross-examination of Lay by Monday. In the second day of cross-examination, Hueston emphasized that while Lay was encouraging employees to take advantage of Enron's bargain stock price in fall 2001, Lay himself was selling stock. The shares Lay bought in the fall were publicly reported. But since he sold stock back to the company, the sales did not have to be reported until year-end - after Enron was bankrupt. Because of that, in October 2001, investors thought Lay owned more than double the amount of stock he actually had. Lay testified...