Enron founder Kenneth Lay received a barrage of written warnings from employees questioning the energy giant's accounting integrity in the fall of 2001 but said on Monday that he was too busy trying to save the company to investigate. Prosecutor John Hueston, in his third day of cross-examination, sought to show that Lay ignored warnings of accounting impropriety and financial doom. Lay bristled and bickered, claiming he had received positive information along with negative.
May 02, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Enron Corp. founder Kenneth Lay received a barrage of written warnings from employees questioning the energy giant’s accounting integrity in the fall of 2001 but said on Monday that he was too busy trying to save the company to investigate.
The ex-chairman was combative during his fifth day on the witness stand in his fraud and conspiracy trial, accusing a federal prosecutor of highlighting only negative information.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
