Hesitates

Head of Enron Probe Hesitates to Accuse Execs of Securities Fraud

Despite findings by the Enron board of directors’ special investigative committee that top company officials used the controversial off-the-book partnerships for self-enrichment gains, the director who headed up the three-month investigation of the collapsed energy trader refused to say Tuesday that the activities of Enron executives rose to the level of criminal securities fraud.

February 6, 2002