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 ?
Its CFO, Andrew Fastow, had an MBA from Northwestern.
The idea was that CFO Andrew Fastow would make deals that would move bad investments from the company to both shield the actual value from shareholders and enrich his bank account.
At the conference, students had the opportunity to meet global finance leaders and attend transformative sessions such as the presentation by former Enron CFO Andrew Fastow.
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.
The most recent prominent example was the decision to charge the wife of Andrew Fastow in the Enron investigation.
For example, the potentially DT personalities in Enron's leadership ranks (e.g., Andy Fastow, Jeff Skilling) should have been screaming red flags.
While Jeff Skilling, a larger-than-life figure, dominates his employees with an eye only toward the upward trajectory of the company's stock price, Andy Fastow is the devious brain behind Skilling, hiding the company's debt from its employees, investors, and Wall Street.
Then there were the accounting tricks devised by the firm's financial staff, most notably CFO Andy Fastow. One such trick that allowed the company to engage in a greater volume of oil and gas commodities trades was setting up fictitious companies to sell natural gas to.
Barry McDonald, who comes from Redcar, was a key player in Fastow retaining all of its current North-east work with Northumbrian Water (NW) in the asset management plan (AMP6 ) framework agreement.
BARRY ARRYARR McDonald, Fastow's rst employee 24 years ago, has been appointed managing director of Fast-ow Pipeline Services Limited.
23, 32 n.33 (2012) (citing Mary Flood, Lea Fastow Expresses 'Regret' at Sentencing, FIOUS.
Enron's former chief financial officer, Andrew Fastow, testified against both Skilling and Lay and was sentenced to six years in prison.