A former Enron investment analyst on Tuesday corroborated testimony from a key prosecution witness that the company improperly used partnerships to help its earnings seem better than they were. But Chris Loehr, who worked for partnerships run by former Enron Chief Financial Officer Andrew Fastow and who is testifying as part of an immunity deal, could not directly link ex-CEO Jeffrey Skilling to the deals because his contact with the company's top echelon didn't stretch that far.
March 15, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A former Enron investment analyst on Tuesday corroborated testimony from a key prosecution witness that the company improperly used partnerships to help its earnings seem better than they were.
But Chris Loehr, who worked for partnerships run by former Enron Corp. Chief Financial Officer Andrew Fastow, could not directly link ex-CEO Jeffrey Skilling to the deals because his contact with the company’s top echelon didn’t stretch that far.
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