...problem between the producers and the users of natural gas, and the rewards were great. This initial success prompted Enron to extrapolate its business model to other markets. In 1994, Enron officials started trading wholesale electricity after Congress deregulated...
...investing in alternative energy sources such as wind and solar power. Given its business position, itâs not so surprising that Enron supported the Clinton administrationâs 1993 proposal for a Btu tax, spearheaded the nationâs strictest renewable energy mandate...
...Papa, CEO ofEOG Resources -- EOG is short for "Enron Oil & Gas" -- holds that distinction as well. Papa ran EOG when it was an Enron subsidiary. Lay and Skilling wanted to continue moving Enron out of the old economy in 1999, which meant getting rid of the...
...but the plaintiffs aren't giving up just yet. "The fight continues to hold the banks accountable for orchestrating the Enron fraud," said Dan Newman, a spokesman for the California law firm that represents the lead plaintiff in the litigation, the University...
...in salary, attendance fees, stock options and dividends from 1993 to 2001.'' As a board member, Ms. Gramm has served on Enron's audit committee, but her eyesight wasn't any better than that of the folks at Arthur Andersen. The one thing Enron did not pay big...
...information about Contogourisâs tactics (one of which, by the way, was to create a website that falsely compared Fairfax to Enron and advertised a copy of Bethanyâs book). Instead, Bethanyâs story describes Contogouris as an âindependent research analystâ...
...just what the company paid for it. Employed correctly, it makes a company's finances more transparent. But we all joked that Enron didn't mark to market - it marked to myth, to whatever it wanted them to be. In this, the US regulatory agency, the SEC, was...
...from her western Colorado home near Aspen. "It just made a lot of us sad to see what it became and known for." Overall, Enron titles haven't been blockbusters. According to Nielsen BookScan, an independent book trade monitoring service that tracks 75 percent...
...former head of one-time Big Five auditing firm Arthur Andersen's Enron accounting team has settled civil charges that he recklessly failed to recognize that the risky yet lucrative client cooked its books. David Duncan, who testified against his former employer...
...spokespeople failed to return calls for comment; Born also refused to comment because her law firm now represents several Enron creditors. But observers argue that the CFMA essentially let Enron move forward with its plan to aggressively court derivatives...