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 ?
Andrew Fastow, former finance chief of US energy giant Enron, pleaded guilty to two counts of conspiracy.
USA Former Enron finance chief Andrew Fastow is expected to a reach a plea bargain deal that could see him jailed for ten years but get a much reduced sentence for his wife.
The book contains a priceless photo from this weekend, of Watkins, Skilling, and Andrew Fastow, chief financial officer and schemer, decked out in sunglasses and ski suits, with the majestic Rockies rising behind them.
Otto von Bismarck meets Adam Smith on a grid designed by Andrew Fastow for maximal sneak attacks.
Kopper was managing director of Enron Global Finance under former chief financial officer Andrew Fastow. Kopper quit the energy conglomerate months before its collapse to operate Chewco, an illegal Enron subsidiary, which he later turned over to his domestic partner, William D.
Poring over Enron's convoluted financial statements, the Journal reporters discovered an unusual relationship between the company and its chief financial officer, Andrew Fastow. First noting this in a "Heard on the Street" column that appeared on August 28, the reporters quoted Lay acknowledging that the Fastow deals could become "a lightning rod for criticism."
One of Skilling's earliest hires in 1990 was Andrew Fastow, a 29-year-old Kellogg MBA who had been working on leveraged buyouts and other complicated deals at Continental Illinois Bank in Chicago.
The bankers are alleged to have conspired with Andrew Fastow, Enron's former finance director, to pull off a complex financial scam that cheated NatWest out of several million dollars.
The auditors, accounting experts, and lawyers for Enron were creative enough to find a way to justify Enron's reporting in such a way that complied with GAAP and appeased CFO Andrew Fastow, who projected an image of being an "expert" on special-purpose entities (SPE).
Skilling's term is the longest received by any Enron defendant' former chief financial officer Andrew Fastow was given a six-year term after co-operating with prosecutors and helping them secure Skilling's conviction.
CFO Andrew Fastow, by his actions, affected how others in the company viewed Enron's existing, robust code of ethics.
Bernie Ebbers, the Rigases, Sam Waksal, Dennis Kozlowski, Kenneth Lay, Jeffrey Skilling, and Andrew Fastow stepped out from the between the covers of Forbes to appear on national TV, shuffling to and from courtrooms.