Word: houstons
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...District Court that the two men lied to investors, employees and analysts. Only they can persuasively refute those allegations, saying what they knew, when they knew it, and why they acted as they did. "They're going to have to be very good witnesses - or they're history," says Houston attorney Kent Schaffer...
...Putting both defendants on the stand risks exacerbating the problem their attorneys have had to deal with from the beginning. The testimony of the two executives will probably not be consistent, says, Houston attorney Joel Androphy, author of a four-volume textbook, White Collar Crime. Although Skilling and Lay probably won't turn against each other-they haven't so far-they may well contradict one another. "Both defense attorneys came in and cross-examined with one hand tied behind their back," Androphy says. The problem was most obvious during the testimony of former CFO Andrew Fastow, when...
...case on Monday, but Skilling's attorney Daniel Petrocelli said the former CEO will not take the stand for at least a week. Petrocelli will probably begin by laying the groundwork for a defense that claims the executives were merely using standard business practices employed by other companies, says Houston attorney and former federal prosecutor Michael Wynne. Most likely, he says, the two executives will argue that they were just trying to save the company and that if Enron had survived, what investors hadn't known wouldn't have hurt them. "That, perhaps, is an explanation...
...heart of the rap scene isn’t the West Coast, Atlanta, or Houston. It’s Harvard Yard. Aspiring rap artiste Michael J. Mure ’09 is putting Matthews Hall on the map, writing his own lyrics and music and producing multiple albums, some of which are available at Cambridge’s Tower Records. Mure is not signed with a record company and says Harvard prevents him from selling his records on campus, but his operation’s independence isn’t stopping him from dropping tracks. “When...
...praise for firing at least 86 officers and working to better track gangs and repeat offenders. On Monday, Riley enjoyed a moment of satisfaction after police arrested Ivory Harris, New Orleans' most-wanted murder suspect, in the neighboring town of Kenner. Harris had been bouncing back and forth between Houston and New Orleans since the storm, wreaking havoc in both cities, police say. Eight days earlier, police had arrested one of the city's other wanted men: Jerome Hampton, 23, whom Houston police have charged with killing another evacuee. Hampton was nabbed in New Orleans after an officer...