Andrew Fastow


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Andrew Fastow

The chief financial officer at Enron from 1998 until 2001. That year, it was revealed that many of Enron's assets were either overpriced or completely fictional; losses were hidden in offshore subsidies, and most profits were fraudulent. Fastow shared responsibility for much of this; he traded his testimony against co-conspirators in exchange for a lighter prison sentence. He was born in 1961.
References in periodicals archive ?
Segun una investigacion independiente pagada por la junta de directores de Enron, la empresa vendio un interes del 13% en la planta electrica de Cuiaba por US$11 millones a LJM1, una de las asociaciones de inversion ficticias pertenecientes a Andrew Fastow, ex director de finanzas de Enron.
a capital management firm formed in 1999 by Andrew Fastow, who also served as Enron's CFO until he was forced to resign in October.
A significant portion of the firm's work also involves defending high-profile individuals, such as Frank Quattrone and Andrew Fastow, in white-collar criminal cases.
The play brings to the stage Enron s fallen figures including CEO Kenneth Lay, President Jeffrey Skilling and CFO Andrew Fastow and mentions politicians who supported deregulation on Wall Street.
They admitted secretly investing with Andrew Fastow, Enron's former chief financial officer, and Michael Kopper, Enron's former managing director of global finance, in Southampton LP.
Yesterday, he was jailed for 37 months along with two colleagues for their part in fraud with former Enron boss Andrew Fastow.
Enron defense a piece of cake: In an attempt to have the charges against the defendants overturned, attorneys for Andrew Fastow, Jeffery Skilling and Ken Lay employed the rarely used greed card.
In Enron's case, former Chief Financial Officer Andrew Fastow pled guilty and received a sentence of 10 years in return for his testimony.
Andrew Fastow, Enron's former chief financial officer, also exemplified this category of leadership: "Fastow crafted a series of deals so crooked that they finally cracked Enron apart.
To date, the Task Force she assembled has indicted 32 individuals in connection with the scandal, including Enron's former chairman Ken Lay and former CEO Jeff Skilling, and obtained guilty pleas from 11 former Enron executives, including former CFO Andrew Fastow.
Acting for US prosecutors, John Hardy told Bow Street Magistrates in London that the men hatched a plan with Enron bosses Andrew Fastow and Michael Kopper.
Andrew Fastow, former finance chief of US energy giant Enron, pleaded guilty to two counts of conspiracy.