Kenneth Lay’s defense attorney tried to blow holes through former Enron Corp. Treasurer Ben Glisan’s testimony Monday by questioning his accounting expertise, his assessment of the company’s liquidity before it fell and whether he knew everything that Lay knew when Lay made statements to analysts and employees.

Bruce Collins, from Carrington, Coleman, Sloman & Blumenthal in Dallas, particularly questioned Glisan’s knowledge of FASB 121, which changed how companies had to account for goodwill and which he testified Enron had stretched so it wouldn’t have to book losses. While Glisan thought he described the rule “fairly,” he agreed he was not an expert on its complexities and worked on the economics, not the accounting, of the rule.

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