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 ?
Andy Fastow (worried but hopeful Tom Goodman-Hill), the no-good-with-people financial guy, uses the boxes and office furniture of Anthony Ward's super-sleek set to demonstrate to Skilling Enron's Russian-doll-like "black box" investment model.
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.
They admitted secretly investing with Americans Andrew Fastow, Enron's former chief financial officer, and Michael Kopper, Enron's former managing director of global finance, in Southampton LP.
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.
La nueva testigo contra Lay y su asistente Jeffrey Skilling en el juicio iniciado en enero pasado en Houston (Texas, sur) corrobora el testimonio de Andrew Fastow, ex director financiero de Enron, que declaro la semana pasada.
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.
He is now likely to appear as a prosecution witness along with Enron's former CFO, Andy Fastow, who agreed to a plea bargain in 2003.
That it ultimately collapsed in ignominy was all the fault of that crooked chief financial officer, Andy Fastow and his venal cronies, Kenny Boy said.
In Eichenwald's story, top executives Ken Lay (chair and CEO) and especially Jeff Skilling (president and briefly CEO) and Andy Fastow (chief financial officer) were very good at inventing intricate financial maneuvers that puffed up the value of Enron far beyond its actual worth.
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.