Word: enronize
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Dates: during 2000-2009
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What will the overturning of former Wall Street dealmaker Frank Quattrone's conviction for obstruction of justice have on the Enron trial? It has certainly heartened the attorneys who are defending Ken Lay and Jeffrey Skilling, the two former Enron executives facing charges of fraud and conspiracy...
CLEANING HOUSE In his 2004 plea bargain, ex--Enron CFO Andrew Fastow forfeited $29 million, including his Galveston, Texas, home, which the feds sold for $595,000 last year...
Jurors literally leaned forward in their seats scribbling notes as whistleblower Sherron Watkins described the last critical weeks in the fall of Enron, as she testified during week seven of the fraud and conspiracy trial of former top executives Ken Lay and Jeffrey Skilling...
...skeptical that the fraud she pointed out to him could be problematic, she testified. And after their meeting, Lay continued to tell investors, analysts and employees that everything was fine at Enron. "It was just assumed that I was wrong," Watkins said. "It was a blatant...
...Lewis asked if she had committed any crimes while at Enron. "I'm not an expert at that," Watkins said. He pointed out that she sold some of her Enron stock after meeting with Lay - yet the government didn't charge her with insider trading. "I wish I hadn't sold - I don't know whether a crime was committed," she said...