Many investors lost everything. And the cherry on top? The company’s CEO Kenneth Lay was discovered destroying evidence of the fraud during the investigation. I guess he didn’t learn the first ...
I’m reminded of the Enron trial, now almost two decades in the past, where two of Houston’s most prominent business leaders ...
Skilling and Enron's top executive, Kenneth Lay, were accused of spearheading a massive campaign to mislead investors and shareholders with an aggressive investment strategy aimed at suppressing ...
including chairman Kenneth Lay, whose mergers, in effect, created the company; Skilling, Lay's longtime second-in-command; and Chief Financial Officer Andrew Fastow. Lay, the son of a Baptist ...
based InterNorth. Houston Natural Gas' chief executive officer (CEO) Kenneth Lay became Enron’s CEO and chair. Deregulation of the energy markets allowed companies to place bets on future prices ...
The report, released Saturday and conducted by outside investigators, said former Enron CEO Kenneth Lay personally approved some of the partnerships, criticizing him for functioning more as a ...
Its then-CEO Kenneth Lay and CEO and COO Jeffrey Skilling (pictured left with his attorney), as well as 14 other top Enron executives, were tried over the course of four months in 2006.
Former Enron CEO Kenneth Lay chose Silbert to represent him during the investigation of the corporation's financial collapse.
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. High-profile downfalls of corporate CEOs are not a new phenomenon.
CEOs can Lead a company to success through dynamic action. However, if ethical concerns are bypassed, the opposite can happen ...
For example, Kenneth Lay was an effective leader, but without demanding a high level of ethics among his senior staff, he was not a good leader--as countless former Enron employees and ...
Enron Top Officials Found Guilty of Fraud and Conspiracy Bethany Mclean of Fortune Magazine reports on the guilty verdict former top officials, Kenneth Lay and Jeffrey Skilling, former top officials.