Developing domestic gas resources could boost gross domestic product by 5% a year for the next 40 years, creating more jobs and powering the economy, says a former Shell Oil Co. chief.
Ignorance
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Lay, Prosecutor Spar over Alleged Insider Trading
Federal prosecutor John Hueston finished his cross-examination of Enron Corp. founder Kenneth Lay on Monday, focusing on Lay’s apparent ignorance in late 2001 of the company’s financial problems. And in a “gotcha” moment before passing the witness, Hueston told the jury that Lay’s wife sold 500,000 shares of Enron stock just hours before the official news was released that a merger between Dynegy Inc. and Enron had failed.
May 2, 2006
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