Former CEO Jeffrey Skilling received the harshest sentence. He was convicted of conspiracy, fraud, and insider trading in ...
AUSTIN (AP) -- Retirement funds for teachers and state employees lost nearly $60 million in stocks and bonds because the funds' managers continued to invest in crumbling Enron Corp. The Teachers ...
Enron may have gone bankrupt two decades ago, but did it close its doors forever? Now that the company is making headlines again, finance enthusiasts are recalling the infamous 2001 scandal that ...
Neither regulators nor courts have provided fiduciaries sufficient guidance to navigate the maze of administering ERISA accounts. It has been impossible to pick up a newspaper recently without reading ...
HOUSTON – Nine months before Enron Corp. flamed out in bankruptcy, some investors were questioning the strength of its businesses despite public assurances from company founder Kenneth Lay and former ...
In the fall of 2001, as Enron’s internal problems mounted and its stock price tumbled, Chair Kenneth Lay told employees the opposite of what was really going on. “The company is fundamentally sound,” ...
One of the largest corporate fraud cases of the 21st century is Enron, dubbed "America's Most Innovative Company" by Fortune ...
During a discussion on the ongoing Enron situation Thursday, the experts – including investment and loan analysts – detailed the ramifications of the Enron fallout, and the effects it could have on ...
HOUSTON, Nov. 9, 2001 — Dynegy Inc. Friday agreed to buy its bigger cross town rival Enron Corp. in a stock deal valued at $8.5 billion and to assume $15 billion of Enron debt. Analysts praised the ...
Shunned by investors and deserted by many former customers, Enron Corp. is searching this week for up to $1 billion in cash from lenders to sustain its once dominant energy-trading business. Enron ...
HOUSTON — Federal prosecutors aimed on Thursday to undermine Enron Corp. founder Kenneth Lay’s testimony that short-sellers were partly to blame for Enron’s collapse in 2001 by showing that Lay’s own ...
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