Members NeonVomit Posted January 31, 2006 Members Posted January 31, 2006 http://news.bbc.co.uk/2/hi/business/4664872.stm Enron trial starts with lie claimOn the first day of the Enron trial, which is expected to last four months, prosecutors said it was a simple story of greed and lies. Former Enron bosses Ken Lay and Jeffrey Skilling are accused of lying to cover up the true state of the firm that collapsed owing billions of dollars. Mr Lay and Mr Skilling deny that they lead the giant fraud that brought down the former energy firm in 2001. Enron's collapse was the biggest corporate scandal in recent US history. Numerous charges Enron collapsed in December 2001 after the revelation that an estimated $40bn (
Members greenshag Posted January 31, 2006 Members Posted January 31, 2006 I like how they blame junior staff, traditional passing the buck along game...
Members takeout Posted January 31, 2006 Members Posted January 31, 2006 Their punishment will not come close to that which they deserve.
Members Funkee1 Posted January 31, 2006 Members Posted January 31, 2006 Enron: The Smartest guys in the room
Members beam Posted January 31, 2006 Members Posted January 31, 2006 I think they be {censored}ed.Though as far as the investors are concerned, I don't care how "good" something sounds...you never put all your money into one basket like that.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.