Word: hueston
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Then prosecutor John Hueston pointed out that Lay's son, Mark L. Lay, was a short seller himself in March 2001. Hueston, famous for having never lost a case, anticipated every answer Lay gave, and promptly displayed documents to rebut them. It was beautifully choreographed. When Lay disputed a statement from former Enron Treasurer Ben Glisan and grumbled that Glisan's story at trial was different from what he said in 2001, Hueston presented a newspaper article dated October 2001 in which Glisan gave an identical statement...
...Hueston essentially accused Lay of witness tampering, pointing out that Lay had called a witness nine days before he was scheduled to testify. The prosecutor argued that Lay was trying to make sure their two stories were consistent; Lay said he simply wanted to reconnect with the man and confirm facts. The exchange had a spooky, Big-Brother-is-watching quality, since Hueston knew about voice mails Lay had left and early-morning phone calls Lay had made to potential witnesses at home...
...Prosecutors expect to wrap up their cross-examination of Lay by Monday. In the second day of cross-examination, Hueston emphasized that while Lay was encouraging employees to take advantage of Enron's bargain stock price in fall 2001, Lay himself was selling stock. The shares Lay bought in the fall were publicly reported. But since he sold stock back to the company, the sales did not have to be reported until year-end - after Enron was bankrupt. Because of that, in October 2001, investors thought Lay owned more than double the amount of stock he actually had. Lay testified...
...should go ahead and bite the bullet and take these strategic actions now and prevent further spread of the disease,” Hueston said...
...Hueston said the IRS report is based on “experimental results from around the world, scientific knowledge that has not yet been published, and social science evidence added with personal experience...