Word: enronizing
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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...
...thought I was being a hero for Enron." ANDREW FASTOW, former Enron CFO testifying against former chief executives Jeffrey Skilling and Kenneth Lay, on why he took part in secretive transactions that inflated the company's earnings?and padded his own bank account...
Watching former Enron Chief Financial Officer Andrew Fastow in the Enron trial this week was, at times, like attending a business school seminar. On the witness stand, testifying for the prosecution against his former colleagues Ken Lay and Jeffrey Skilling, he spoke slowly and clearly, using easy-to-understand metaphors. When asked a question he often backtracked to give fuller, more detailed answers. His testimony was like a crash course in the financial shenanigans that led to Enron's collapse. One lawyer in the audience said listening to Fastow testify for one hour was like reading about the company...
...demands for yes or no answers to stark did-you-or-didn?t-you questions, such as "Isn?t it true you want to make sure Jeff Skilling is found guilty?" and "Isn?t it true that you don?t want to be blamed for what went wrong at Enron...