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 ?
Meanwhile, the management team of Kenneth Lay, Jeffrey Skilling, and Andrew Fastow sold $800 million worth of their own Enron stock while cajoling their employees to invest 100% of their retirement savings in the company.
Always with Us
The most popular speaker at this year's conference was Andrew Fastow, the former CFO of Enron.
IMA Tackles the Accounting Skills Gap, Sends Students to US Student Leadership Conference
The most recent prominent example was the decision to charge the wife of Andrew Fastow in the Enron investigation.
Robert Mueller is holding all the cards. He has the latitude to play them when he chooses
Enron's former chief financial officer, Andrew Fastow, testified against both Skilling and Lay and was sentenced to six years in prison.
Ex-Enron Boss Skilling's Prison Sentence Reduced to 14 Years on Appeal
Besides the consolidation issue, Enron discussed their management and implied that Andrew Fastow had improperly sold his interests in LJM1 and LIM2 to Kopper without directors' approval of various transactions.
Enron ten years later: lessons to remember
That company sold it back to Enron days later for $20million, with the trio sharing the profits with Andrew Fastow, Enron's chief financial officer, and another Enron employee.
ENRON BANKER: MY HUNT FOR CARA; JAILED EXEC'S HEARTBREAK OVER DAUGHTER
Prominent previous recipients of SEC subpoena enforcements have included Enron s former chief financial officer Andrew Fastow and tobacco company RJ Reynolds.
SEC takes China-based Deloitte unit to court
At the heart of the Enron financial collapse lay three executives - chairman Kenneth Lay, chief executive officer Jeffrey Skilling and chief financial officer Andrew Fastow.
Like Jurassic Park meets Wall Street
At the heart of the Enron financial scandal lay three executives - chairman Kenneth Lay, chief executive officer Jeffrey Skilling and chief financial officer Andrew Fastow.
Show and tell about greed; After reaping praise in the West End, Enron is coming to Birmingham. Diane Parkes speaks to writer Lucy Prebble
5million and the rest was shared by Andrew Fastow, Enron's disgraced chief financial officer, and another employee.
THE NAT WEST FREE; JAILED ENRON FRAUDSTER IS LET OUT TO WORK AT AN INVESTMENT FIRM THEN POPS IN TO HIS pounds 1.4M HOME.. BEFORE RETURN TO CELLS
Many experts would be surprised to learn, in all likelihood, that two-thirds of Enron employees were at one time or another aware of unethical behavior, and not at the hands of Chairman and Chief Executive Officer Ken Lay, CEO (briefly) Jeffrey Skilling or Chief Financial Officer Andrew Fastow, but rather by the mid-level executives and those reporting to them.
Fraud's house of cards: The world have made as a result of the level of thinking we have done creates problems we cannot fix at the same level at which we created them--Albert Einstein
Kroger admits that prosecuting mob thugs led to a bit of paranoia in his personal life--"when I turned the key in my door, I always expected an explosion"--but he finds the fraud perpetrated by white collar Enron criminals like Andrew Fastow, in some ways, even more objectionable than those of mafia murderers.
Convictions: A Prosecutor's Battles Against Mafia Killers, Drug Kingpins, and Enron Thieves
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