Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Timeline of the Enron scandal


Related Topics

In the News (Wed 25 Nov 09)

  
  Kenneth Lay
Lay was the CEO and chairman of Enron from 1986 until his resignation on January 23, 2002.
Lay sold large amounts of his Enron stock in September and October of 2001 as its price fell, while encouraging employees[?] to buy more stock, telling them the company would rebound.
Enron and Lay have given the younger Bush over $600,000 during his entire political career.
www.ebroadcast.com.au /lookup/encyclopedia/ke/Ken_Lay.html   (246 words)

  
 Timeline of the Enron scandal - Wikipedia, the free encyclopedia
September 26 Lay tells employees that Enron's accounting practices are "legal and totally appropriate," that Enron stock is "an incredible bargain," that he and other executives have bought Enron stock in the last two months, and that "the third quarter is looking great" in an online forum.
November 18 Enron announced that it was selling its subsidiary PGE to a group of investors headed by former Oregon governor Neil Goldschmidt and funded by Texas Pacific Group for $2.35 billion.
November 3 Former Enron finance director Dan Boyle and former Merrill Lynch bankers Daniel Bayly, Robert Furst, William Fuhs and James Brown are each convicted of one conspiracy count and two counts of wire fraud and face up to 15 years in prison.
en.wikipedia.org /wiki/Enron/Timeline   (2258 words)

  
 Timeline of the Enron scandal - Wikipedia, the free encyclopedia
October 10 Enron officials discuss energy policy with staff of Vice President Dick Cheney.
November 19 Enron announces the payment of a $690 million note is nearly due as a result of the descent of its credit rating.
If approved, OpCo will have Enron's core assets, including 15,000 miles of pipeline assets, 75,000 miles of distribution assets, 6,700 megawatts of generation, and 12,000 employees.
en.wikipedia.org /wiki/Timeline_of_the_Enron_scandal   (2258 words)

  
 Timeline of the Enron scandal - LearnThis.Info Enclyclopedia   (Site not responding. Last check: 2007-10-02)
September 26, 2001 Lay tells employees that Enron's accounting practices are "legal and totally appropriate," that Enron stock is "an incredible bargain," that he and other executives have bought Enron stock in the last two months, and that "the third quarter is looking great" in an online forum.
November 19, 2001 Enron announces the payment of a $690 million note is nearly due as a result of the descent of its credit rating.
November 18, 2003 Enron announced that it was selling its subsidiary PGE to a group of investors headed by former Oregon governor Neil Goldschmidt and funded by Texas Pacific Group for $2.35 billion.
encyclopedia.learnthis.info /t/ti/timeline_of_the_enron_scandal.html   (2120 words)

  
 CNN.com - NYSE drops Enron; Andersen drops auditor - January 15, 2002
Many Enron employees had invested most of their 401(k) savings in company stock and lost their life savings when it went bust.
William Lerach, an attorney for shareholders suing Enron, said executives sold about $1.1 billion in stock during a time when "they have now admitted they were overstating the reported profits of Enron by $600 million and the stockholder equity of the company by $1.1 billion," he said.
Enron attorneys delayed the release of the final details three times Monday with the information now scheduled for unveiling Tuesday at 7 a.m.
edition.cnn.com /2002/LAW/01/15/enron   (873 words)

  
 Enron's   (Site not responding. Last check: 2007-10-02)
Enron is in the midst of restructuring various businesses for distribution as ongoing companies to its creditors and liquidating its remaining operations.
Enron Corp. - News and history of Enron's collapse, bankruptcy and the scandals that led to the fraud trials of Ken Lay and Jeff Skilling.
Former Enron general counsel James Derrick testifies Thursday at the fraud and conspiracy trial of ex-Enron executives Kenneth Lay and Jeffrey Skilling...
fraudhouston.fobsfraud.com /enrons   (978 words)

  
 Share and Discover Enron Bio, Pictures, News at BlinkBits.   (Site not responding. Last check: 2007-10-02)
Enron was originally involved in the transmission and distribution of electricity^ and gas throughout the United_States^ and the development, construction, and operation of power plants, pipelines, and other infrastructure worldwide.
Enron's global reputation was undermined, however, by persistent rumours of bribery and political pressure to secure contracts in Central and South America, in Africa, and in the Philippines^.
Enron's plunge occurred after it was revealed that much of its profits and revenue were the result of deals with special purpose entities (limited partnerships which it controlled).
www.blinkbits.com /blinks/enron   (2504 words)

  
 frontline: bigger than enron: accounting lessons | PBS
The Enron story was a story not just of the failure of the accounting firm, but also the traditional gatekeepers: the board, the audit committee, the lawyers, the investment bankers, the rating agencies.
I think in Enron's case -- and I certainly don't think they're the only case -- these companies became like the golden goose, and everyone was standing at the door trying to get a golden egg.
Enron was beginning to be a problem, but it hadn't exploded.
www.pbs.org /wgbh/pages/frontline/shows/regulation/lessons   (4332 words)

  
 Freezerbox Magazine - Enron Pipedreams Buried in Afghanistan
Enron had promised India that the Dabhol power would be affordable once the next phase of the project was completed.
Enron's original source of liquefied natural gas (LNG) was to be Qatar, where the company had a joint venture with the state-owned Qatar Gas and Pipeline Company.
Enron was a company known for its hubris; one that tried to accomplish too much, too quickly, and by playing too fast and loose with financial realities.
www.freezerbox.com /archive/article.asp?id=183   (6088 words)

  
 Timeline of Enron's Collapse (washingtonpost.com)
July 15: A federal judge approves Enron Corp.'s bankruptcy plan, under which it would sell most of its prized assets to repay creditors about 20 cents on the dollar in cash and stock.
July 8: Former Enron chief executive Kenneth L. Lay surrenders to federal agents, pleading not guilty to criminal charges.
April 7: Lea Fastow, wife Enron's onetime finance chief, withdraws guilty plea after a judge refused a deal that called for her to serve five months in prison.
www.washingtonpost.com /wp-dyn/articles/A25624-2002Jan10.html   (675 words)

  
 Guardian Unlimited | Special reports | New Enron scandal link to Bush
The former head of Enron, Kenneth Lay, gave the White House a list of his personal recommendations for key federal energy posts and two of the people on his list were appointed, it emerged yesterday, providing the strongest evidence so far of the political influence wielded by President Bush's biggest financial backer.
The Enron scandal is now threatening to reach to the heart of the White House.
While Vice-President Dick Cheney has said that he met Enron officials to discuss energy policy, he is declining to give details of conversations during six meetings to the general accounting office, which has indicated it will go to court to force the White House to identify which energy industry figures met Mr Cheney.
www.guardian.co.uk /enron/story/0,11337,643729,00.html   (696 words)

  
 Before scandal, Lay was Houston's go-to guy - The Enron Trial - MSNBC.com
Now Enron Corp. founder Kenneth Lay faces an uncertain future dependent on whether a dozen jurors and a federal judge deem him guilty of crimes that could send the 63-year-old to prison for the rest of his life.
Alongside him will be former Enron CEO Jeffrey Skilling, who faces 35 counts of fraud, conspiracy, insider trading and lying to auditors for allegedly conspiring to fool Wall Street into believing in a facade of success.
The scandal forced Lay to resign from corporate boards, rein in philanthropy and be labeled a pariah by many in the city where politicians, charities and civic leaders once cultivated his friendship.
www.msnbc.msn.com /id/10928609   (814 words)

  
 Kenneth Lay   (Site not responding. Last check: 2007-10-02)
Kenneth L. Lay (born 1942) is an American businessman and former CEO of Enron Corporation.
Lay becomes CEO of Enron and is involved with the creation of various techniques for manipulating the energy system
Calling Inquiries a Distraction, Enron Chief Quits Under Pressure, The New York Times, January 24, 2002
bopedia.com /en/wikipedia/k/ke/kenneth_lay.html   (289 words)

  
 Site Contents at the free Online Encyclopedia.   (Site not responding. Last check: 2007-10-02)
Timeline of the 2001 anthrax attacks in Florida
Timeline of the 2001 anthrax attacks in New York
In a household, clothes hangers are the single one item that you own the most of, yet no one can name even one brand?
www.onlineencyclopedia.org /index_322.html   (170 words)

  
 TIME.com: Enron: Who's Accountable? -- Page 1
Enron is in the cross hairs of at least six congressional panels.
There are now 47 class actions against Enron and its executives and directors, filed either by shareholders or employees and carrying mainly the possible penalty of heavy fines.
Most allege that Enron failed to disclose its many risky partnerships, which proved to be a large part of its undoing.
www.time.com /time/business/article/0,8599,193520,00.html   (2615 words)

  
 Time Lines, History ...   (Site not responding. Last check: 2007-10-02)
Timeline of U.S. attack on Afghanistan in December 2001
Timeline of U.S. attack on Afghanistan in November 2001
Timeline of U.S. attack on Afghanistan in October 2001
www.informationbest.com /time-lines   (309 words)

  
 FindLaw Legal News: Special Coverage: Enron
The outside law firm that advised Enron Corp. before the energy trader's collapse has asked a federal judge in Houston to dismiss it from the company shareholders' securities fraud suit, asserting the firm did not create false and misleading statements in Enron's public disclosures.
Financial Oversight of Enron: The SEC and Private-Sector Watchdogs (Nov. 8, 2002)
Enron Operations Corp., Enron Ventures Corp. and Thomas E. White Jr.
news.findlaw.com /legalnews/lit/enron   (2937 words)

  
 Learn more about Timeline of the Enron scandal in the online encyclopedia.   (Site not responding. Last check: 2007-10-02)
Learn more about Timeline of the Enron scandal in the online encyclopedia.
September 21, 2001 Director Robert Belfer sells 109,000 Enron shares.
Lay calls O'Neill again, comparing Enron to Long Term Capital.
www.onlineencyclopedia.org /t/ti/timeline_of_the_enron_scandal.html   (1757 words)

  
 Enron Corp. – News, trials and the history of the scandal | Chron.com - Houston Chronicle
Enron Corp. – News, trials and the history of the scandal
Lay may face more charges after Enron trial—It is possible Ken Lay could be exonerated by the jury in the Enron fraud and conspiracy case and still wind up in prison.
Enron Corp. – The financial collapse, bankruptcy and trials surrounding Houston’s biggest corporate scandal.
www.chron.com /news/specials/enron   (1002 words)

  
 Arthur Andersen: Encyclopedia topic   (Site not responding. Last check: 2007-10-02)
Due to the actions of Nancy Temple (in-house attorney) and David Duncan (Enron engagement partner), the jury convicted the firm of witness tampering.
On June 15, 2002, Andersen was convicted of witness tampering (witness tampering: more facts about this subject) for shredding documents related to its audit of Enron.
Timeline of the Enron scandal (Timeline of the Enron scandal: more facts about this subject)
www.absoluteastronomy.com /reference/arthur_andersen   (499 words)

  
 TIME: Behind the Enron Scandal
Enron's demise was just the shove KMART didn't need — especially after Sept. 11th
The Enron mess may revive a tough question: Whose side is this President on?
Inside the growing Enron scandal: how evidence was shredded and top executives fished for a bailout as the company imploded
www.time.com /time/2002/enron   (395 words)

  
 Arthur Andersen - TheBestLinks.com - Arizona, Baptist, Chicago, Illinois, ...   (Site not responding. Last check: 2007-10-02)
In 2002 the firm lost auditing license in the U.S. as a result of involvement in the Enron collapse.
On June 15, 2002, Andersen was convicted of obstruction of justice for shredding documents related to Enron.
In the past Andersen has been alleged to have practiced fraudulent accounting for Sunbeam, Waste Management, Asia Pulp and Paper, and the Baptist Foundation of Arizona, among others.
www.thebestlinks.com /Arthur_Andersen.html   (343 words)

  
 washingtonpost.com: Enron
Photo Gallery: Track the unraveling of the Enron scandal through pictures.
THE INDICTMENT of Kenneth L. Lay, the creator of Enron, is proof, if any were needed, that even the whitest of white collars does not put one above the law.
HOUSTON, April 21 -- Two former Merrill Lynch & Co. executives convicted in Enron's bogus sale of power barges to the brokerage were sentenced Thursday to prison terms far shorter than the punishment sought by the government.
www.washingtonpost.com /wp-dyn/business/specials/energy/enron   (445 words)

  
 Enron Timeline   (Site not responding. Last check: 2007-10-02)
Andrew Fastow and his wife pleaded guilty to 2 counts of wire and securities fraud for his role in the accounting scandal
Accountancy firm at the centre of the Enron bankruptcy, has been indicted on the charge of obstruction of justice
Kenneth Lay had run Enron since it was founded in 1986
www.mapreport.com /countries/enron.html   (395 words)

  
 The Corporate Scandal Sheet - Forbes.com   (Site not responding. Last check: 2007-10-02)
New concerns are afoot that the company may take another goodwill writedown, after it took a $54 billion charge in April.
Andersen was convicted of obstruction of justice in June and will cease auditing public firms by Aug. 31.
Ex-Enron executive Michael Kopper pled guilty to two felony charges; acting CEO Stephen Cooper said Enron may face $100 billion in claims and liabilities; company filed Chapter 11; its auditor Andersen was convicted of obstruction of justice for destroying Enron documents.
www.forbes.com /2002/07/25/accountingtracker.html   (1820 words)

  
 USATODAY.com - Timeline of Martha Stewart scandal   (Site not responding. Last check: 2007-10-02)
A timeline of relevant events in the Martha Stewart stock trading scandal:
•June 4, 2003: Stewart and Bacanovic are indicted on nine federal counts in the ImClone scandal.
Stewart resigns as chairwoman and CEO of her company but remains chief creative officer and a board member.
www.usatoday.com /money/media/2004-03-05-stewart-timeline_x.htm   (802 words)

  
 The Summer of Truth 2006 - New York City
One year before 9/11, military superiors forced the "Able Danger" team to standdown and destroy the evidence they had gathered.
This revelation makes mincemeat of The 9/11 Commission Report and the official FBI timeline of the alleged hijackers' movements.
The whistleblowers have been placed under a gag order and subjected to harrassment by the Pengtagon.
www.summeroftruth.org   (1263 words)

  
 Everything you always wanted to know about List of themed timelines
Everything you always wanted to know about List of themed timelines
How to - History - Companies - Internet - Nintendo - List of Phobias - September 11, 2001
Timelines - Chemistry - Genealogy - Family - Film - SARS - Cancer - Medicine - DVD - Calendar
www.relan.net /List_of_themed_timelines.html   (166 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.