Word: oversight
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Dates: during 2000-2009
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...hearing, Winokur took a secondary role to Skilling, who faced the brunt of the inquiry, but two hours in, Rep. Bart Stupak (D-Mich.) began questioning Winokur about the approval and oversight...
Stupak then drew attention to a previous statement of Winokur’s that Skilling was responsible for such oversight and had reported to the board that all safeguards were in place and working...
...members of the House Energy and Commerce Committee—Rep. John D. Dingell (D-Mich.) and Rep. Peter Deutsch (D-Fla.), who is the ranking member of the Subcommittee on Oversight and Investigations—said Winokur may “hinder” Congressional investigations into Enron’s demise...
...report blames most of Enron’s collapse on “self-enrichment by employees, inadequately designed controls, poor implementation, inattentive oversight, simple (and not so simple) accounting mistakes, and overreaching in a culture that appears to have encouraged pushing the limits...
...Tennessee Senator Fred Thompson. But President Bush's SEC chairman, Harvey Pitt, doesn't share Levitt's concerns. As a lawyer and lobbyist for the accounting industry for more than 20 years, Pitt led the fight against Levitt's proposals. Now he's pressing for a new industry-funded oversight board. But the current board never flunked an auditor in 25 years of peer reviews. Pitt's proposal "lacks teeth and independence," says Levitt. The Senators may be talking about stricter regulation in televised hearings, but they're not proposing many bills. Will their change of heart last long enough...