Word: layed
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Dates: during 2000-2009
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...line in the memo quotes an employee as saying, "I wish we would get caught. We're such a crooked company." "I remember he winced when reading it," Watkins said. During her testimony, Lay's face turned dark...
...Lay was 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...
...Kicking off his cross-examination, Lay's lawyer, Chip Lewis, tossed a copy of Watkins book, Power Failure, onto the witness stand. "A housewarming gift," he said. She told him she already had a copy...
...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...
...Brian Wice, a Houston attorney and legal analyst during the trial, told TIME: "Her halo was probably knocked askew... but she dusted herself off." Skilling and Lay will get their chance to directly counter Watkins as they are both expected to testify before the end of April...