Word: herberts
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Harvard Corporation member Herbert S. “Pug” Winokur Jr. ’64-’65 testified yesterday afternoon before the House Committee on Energy and Commerce about his role in the collapse of energy trading giant Enron Corporation...
...blame? Everybody else. Mintz and McMahon nudged the cloud upward toward Skilling (and Lay, and Buy and Causey and Kopper and Fastow). Robert Jaedicke and Herbert Winokur, two Enron board members trying to explain why they missed the whole thing, did likewise, throwing in Arthur Andersen and law firm Vinson & Elkins. Said Winokur: "It appears outside experts...failed us." Officials at both Arthur Andersen and Enron, added Jaedicke, "did not fulfill their duty...
...members of the House of Representatives raised concerns Friday over the dual role of Harvard Corporation member Herbert S. “Pug” Winokur Jr. ’64-’65—who is both an Enron investigator and Enron board member...
...removed from the boards of other public companies. There’s no word on whether the SEC will comply, or how long such an investigation might take. But as the SEC considers the request, Harvard should embark on its own investigation—whether Harvard Corporation member Herbert S. “Pug” Winokur ’64-’65, an Enron director since 1985, should remain on the University’s highest governing body...
...shot of Herbert S. “Pug” Winokur ’64-’65, who has come under fire from PSLM for his involvement as finance chair of Enron’s Board of Directors, elicited laughter from the audience...