Word: watkinses
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Like Rowley and Watkins of Enron, Cooper grew up in a household where money was tight. She remembers the lights going out when she was little; her father Gene Ferrell remembers her worrying over him when she noticed a hole in the bottom of his shoe he hadn't told...
On Feb. 13, the day before she gave the first of two damning testimonials to Congress, Enron vice president Sherron Watkins spent the afternoon in a cluttered conference room in the Rayburn House building on Capitol Hill. It was a cram session of sorts, a final chance for Watkins, her...
This was how hard Watkins had fallen for Enron. Here she was, almost six months to the day since she first warned chairman Kenneth Lay of "an elaborate accounting hoax." Her boss had long ago confiscated her hard drive, and she had been demoted 33 floors from her mahogany executive...
The next morning Watkins appeared before the tangle of cameras in her periwinkle blazer, with her pastor seated directly behind her. For five hours, she patiently explained the intricacies of the financial schemes that had allowed the energy giant to conceal billions of dollars of debt in dubious partnerships. Though...
For months afterward, Watkins faithfully went to work each day. In the absence of any real assignments, she could only bear witness to all that she had wrought, looking on as Enron auctioned off everything down to the sign at its headquarters (price: $44,000) and as the firm's...