Former Enron Corp. CFO Andrew Fastow and some of his subordinates may face criminal indictments before the end of the month, according to a published report in USA Today. The sealed criminal grand jury indictments apparently include fraud charges as well as other allegations.
Andrew
Articles from Andrew
Houston Judge Freezes Accounts of Enron’s Fastow
A federal magistrate judge in Houston Thursday signed warrants to freeze some accounts of former Enron CFO Andrew Fastow, family and friends, according to The Houston Chronicle. This action came one day after former Enron colleague Michael Kopper pleaded guilty to criminal conspiracy charges in a Houston court, naming Fastow as a co-conspirator in the scheme to defraud Enron of millions of dollars (see Daily GPI, Aug. 22).
‘New’ Enron to Return to Basics, Not Look Back
The “new” Enron Corp. will be a smaller company, based on hard assets with predictable revenue and cash flow, its new interim CEO said in his first press conference Wednesday night in Houston. He also was emphatic in talking about what caused the Fortune 100 company to go under so quickly. “I frankly don’t care,” said Stephen Cooper.
Westchester County, NY, Wages War Against Millennium on All Fronts
County Executive Andrew Spano of Westchester County, NY, vowed Thursday to use every “administrative, political and legal weapon” at his disposal to block construction of the embattled Millennium Pipeline project through the city of Mount Vernon.
Former Enron CFO Fastow Meets the Press; Enron Outlines Asset Sales
Andrew Fastow, the 39-year-old former CFO for Enron Corp. who has become a central figure in the company’s dubious off-balance sheet transactions and earnings discrepancies that precipitated a stunning bankruptcy in six weeks time, held a telecast press conference from his attorney’s office in New York City, to quell rumors that he was “missing in action.” However, Fastow was there in body only, with his high-powered attorney, David Boies, doing most of the talking.
FERC Chairman Names Four Aides
FERC Chairman Pat Wood III has named four top aides to his staff: Lawrence D. Crocker III, Robert E. Gramlich, Alison Silverstein and Andrew K. Soto.
FERC Chairman Names Four Aides
FERC Chairman Pat Wood III has named four top aides to his staff: Lawrence D. Crocker III, Robert E. Gramlich, Alison Silverstein and Andrew K. Soto.