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.
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
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.
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.
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.
, 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.
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.
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.
and another executive race ahead and leave Watkins behind, alone and inadequately clad for the cold, on a cross-country ski trek across a desolate field to a fancy restaurant.
was once the chief financial officer at which bankrupt company?