Word: enronizing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
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...
...solid evidence that a crime has been committed." Said Lay attorney Mike Ramsey: "Clearly there's got to be a connection between business judgments and specific intent. That bright line is being erased by these prosecutions, and the Supreme Court and the appellate court are having none of it." Enron trial prosecutor Sean Berkowitz declined to offer comment to TIME on the ruling...
...ruling has put more attention on the instructions that Judge Simeon T. Lake ultimately will give to the jury in the Enron trial. "In the Enron trial there's going to be a battle royal over a jury instruction known as deliberate ignorance," says Houston attorney David Berg, author of The Trial Lawyer: What It Takes to Win. " In Lay and Skilling's case it's, 'I didn't know what was going on in the company.' Deliberate-ignorance jury instructions have held a person criminally liable when their denial of knowledge doesn't make sense. But now the judge...
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...
...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...