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After 23 years, Enron returns as 'parody.' What was the scandal behind it's bankruptcy?Kenneth Lay, Enron's former chairman, died of a heart attack in 2006, one month after his career ended with a criminal conviction for lying to investors about the company's finances. The United ...
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 ...
(CNN) -- Enron founder and convicted fraudster Ken Lay has died of a massive ... company before imploding in an accounting scandal in 2001. Lay was accused of lying to investors and Wall Street ...
Former Enron chairman and chief executive Kenneth Lay has abruptly cancelled his planned testimony before Congress this week for what his lawyer characterised as the increasingly "prosecutorial ...
Lay was awaiting sentence on his conviction for fraud and conspiracy in the matter of Enron's collapse. A family spokesman confirmed to the media that the 64-year-old businessman had passed away ...
The Enron scandal began when Andersen, responsible for its audit of Enron, shredded audit documents connected with that audit on June 15, 2002. However, though the Court reversed the firm's conviction ...
(CNN) — Here’s a look at Enron, an energy trading company that ... Executives including Kenneth Lay and Jeffrey Skilling were prosecuted for fraud-related crimes. Key figures sold their ...
Commerce Secretary Don Evans and Treasury Secretary Paul O'Neill received calls from Enron's chairman and CEO Kenneth Lay last fall as ... focus on the "corporate scandal" -- how the collapse ...
Lawyers in the trial of former Enron executives Jeffrey Skilling and Kenneth Lay finished their closing ... toward collapse in a massive corporate scandal, was charged Thursday with fraud, insider ...
the personalities of Ken Lay (with Falwellesque rectitude), Jeff Skilling (he of big ideas), Lou Pai (gone with $250 M), and Andy Fastow (the dark prince) dominate. Along the way, we watch Enron ...
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