Word: watkinses
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The independence streak came from her mother. Harrington, also a deer hunter and flayer, graduated from the University of Texas at Austin magna cum laude with dual degrees in education and accounting. She taught high school business and authored sample problems for McGraw-Hill textbooks on the side. When Watkins...
After the divorce, money grew tight. Her mother stopped buying ice cream and began limiting the kids to one pair of shoes each. At 16, Watkins started working the register at her uncle's market and helped put herself through the University of Texas at Austin, where, taking her mother...
Such impudence, while a virtue in New York, was less appreciated when she returned to Houston in 1993 to take a job with Enron. Her mother noted the new attitude. And while Watkins rose quickly through the ranks and was thought of as whip smart, she earned an equally well...
By the time Watkins arrived, Enron was fast shedding its image as a staid natural-gas-pipeline company. Trading chief Jeffrey Skilling and his financial whiz, Andrew Fastow, wanted to build a nimble, "asset-light" firm that could exploit deregulating markets for energy, water, weather derivatives, broadband capacity and anything...
For all the dial-up, the meeting proved relatively uneventful. Lay seemed composed but genuinely concerned and said he would have attorneys look into the questionable deals. Though Watkins counseled against it, Lay suggested--and eventually selected--Enron's law firm, Vinson & Elkins, to conduct the inquiry. Nevertheless, Watkins left...