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Stories Posted on Monday, May 22, 2006


Columbia Missourian
Missouri refused Lay request to send endowment to Katrina relief
KLFY, LA - 9
Seven years after donating 1-point-1 (M) million dollars in Enron stock to his alma mater and with little to show for the gift, company founder Kenneth Lay ...
Lay alma mater rebuffs endowment request San Jose Mercury News
Lay Alma Mater Rebuffs Endowment Request Salon
Lay seeking return of $1.1 million gift Baltimore Sun
all 43 related
(2006-05-22 23:38:00 GMT)
Enron whistleblower tells BBC all
BBC News, UK - May 22, 2006
After 56 days in court the two former bosses of collapsed energy giant Enron, Ken Lay and Jeffrey Skilling, are awaiting the jury's verdict. ...
(2006-05-22 23:04:00 GMT)
 
Enron jury ends third day, Lay on stand in loan case

HOUSTON (Reuters) - Jurors in the trial of former Enron chiefs Ken Lay and Jeffrey Skilling ended a third day of deliberations without reaching a verdict on Monday, leaving a Houston courthouse as Lay took the witness stand to defend himself in a separate case.

(2006-05-22 22:49:18 GMT)

Jurors begin deliberating in Enron broadband trial
KLTV, TX - May 22, 2006
A federal jury in Houston deliberated for a third day today in the fraud and conspiracy trial of former Enron chiefs Kenneth Lay and Jeffrey Skilling. ...
(2006-05-22 22:31:00 GMT)
Jurors End 3rd Day of Enron Deliberations
Brocktown News, USA - May 22, 2006
... ago. HOUSTON - Jurors completed a third day of deliberations Monday in the federal fraud and conspiracy trial of Enron Corp. founder ...
(2006-05-22 22:19:00 GMT)
Jurors Deliberate in Enron Broadband Trial
Houston Chronicle, United States - May 22, 2006
HOUSTON — For the second time, two former executives from Enron Corp.'s defunct broadband unit are awaiting a jury's verdict on whether they conspired to ...
(2006-05-22 22:06:00 GMT)
Enron Internet execs criminal case goes to jury

HOUSTON (Reuters) - The criminal case against two former Enron Corp. Internet executives was handed to the jury on Monday to decide whether the men helped operate a fraudulent deal that hid the business' weak finances.

(2006-05-22 22:02:09 GMT)

Enron jury ends third day of deliberations
Team 4 News, TX - May 22, 2006
HOUSTON Jurors have ended their third day of deliberations in the federal fraud and conspiracy trial of Enron founder Kenneth Lay and former Chief Executive ...
(2006-05-22 21:56:00 GMT)

Houston Chronicle
Lay back on the stand
Houston Chronicle, United States - May 22, 2006
... warned him that he was in violation of Reg U and that he didn't even know his loans were an issue until the morning of his indictment on Enron-related charges. ...
(2006-05-22 21:43:00 GMT)
National security vs. freedom of the press
Christian Science Monitor, MA - May 22, 2006
... Sherron Watkins, Enron's famous insider, not only exposed that company's accounting scams, her testimony before Congress made her a star. ...
(2006-05-22 21:37:00 GMT)
Closing arguments in Enron broadband trial
KLTV, TX - May 22, 2006
A federal jury in Houston deliberated for a third day today in the fraud and conspiracy trial of former Enron chiefs Kenneth Lay and Jeffrey Skilling. ...
(2006-05-22 21:04:00 GMT)
Criminal Capitalism: Xstrata
Vive Le Canada, Canada - 14
Here is another criminal capitalist enterprize that makes Enron look legitimate, and reminds me of the Mutual Fund Criminals around Bernie Cornfeld. ...
(2006-05-22 17:58:00 GMT)
Deliberations Continue In Enron Trial
KWTX, TX - May 22, 2006
(May 22, 2006)--Jurors are deliberating for a third day Monday in the federal fraud and conspiracy trial of Enron founder Kenneth Lay and former Chief ...
(2006-05-22 17:48:00 GMT)
Enron Jury Deliberates For Second Day
Boston Channel.com, USA - May 22, 2006
HOUSTON -- Jurors deliberating the fate of Enron founder Kenneth Lay and former CEO Jeffrey Skilling resumed deliberations Monday. ...
(2006-05-22 16:37:00 GMT)
MOMENTUM OF ALL TYPES PUNISHED IN SPITE OF FUNDAMENTALS
Free Market News Network, FL - May 22, 2006
... In the wake of Enron, World Com, Tyco, and Martha, corporate America has re-settled into a world of pro-forma earnings, and one-time events. ...
(2006-05-22 16:15:00 GMT)
Jury resumes deliberations in Enron trial

HOUSTON (Reuters) - Jurors in the trial of former Enron chiefs Ken Lay and Jeffrey Skilling resumed their deliberations on Monday, returning to a Houston courthouse just hours before Lay was expected to testify in a separate case.

(2006-05-22 14:48:12 GMT)

Understanding Financial Statements: The Balance Sheet
DailyIndia.com, NY - 14
... minimize fraud. Due to recent corporate scandals, such as Enron and WorldCom, regulations have been stricter, requiring more detail. In ...
(2006-05-22 14:31:00 GMT)
Enron jurors start third day of deliberations
Mail & Guardian Online, South Africa - May 22, 2006
Jurors began a third day of deliberations on Monday in the fraud trial of former Enron chief executives Jeffrey Skilling and Kenneth Lay, after a weekend break ...
(2006-05-22 13:44:00 GMT)
Update 5: Enron Jury Resumes Deliberations
Forbes - 15
By KRISTEN HAYS , 05.22.2006, 09:31 AM. Jurors resumed deliberations Monday in the federal fraud and conspiracy trial of Enron Corp. ...
(2006-05-22 13:37:00 GMT)
Enron Jury Resumes Deliberations Monday
KWTX, TX - 17
(May 22, 2006)--The waiting continues Monday for Enron founder Kenneth Lay and former Chief Executive Jeffrey Skilling. Jurors in ...
(2006-05-22 12:58:00 GMT)
Wanted: for crimes against IT
IT Week, UK - May 22, 2006
I recently read an interview with Jeffrey Skilling in Fortune magazine, in which the former chief executive of Enron, currently facing up to 325 years in jail ...
(2006-05-22 11:39:00 GMT)
Closing arguments last chance in Enron trial

Beginning Monday, the Enron Task Force and lawyers for former executives Ken Lay and Jeff Skilling will have only a few hours each to sum up the 15-week trial and make a final impression on jurors.

(2006-05-22 10:29 PM)

Jury to weigh whether Skilling, Lay 'deliberately ignorant'

The judge and lawyers got together Wednesday to set the stage for the final act of the conspiracy and fraud trial of Enron's Ken Lay and Jeff Skilling.

(2006-05-22 10:29 PM)

Lay ends testimony saying he loved Enron, workers

In his final day on the stand, Ken Lay testified that he loved Enron and its employees very much, but testimony showed he also considered suing the company he built.

(2006-05-22 10:29 PM)

Government alleges phony Enron Broadband scheme

The retrial of two former Enron Broadband Services executives started today with the government claiming the men created a phony finance scheme to boost the business' earnings in 2000 and 2001.

(2006-05-22 10:29 PM)

Automatic 401(k) enrollment attracts new hires
Fort Wayne Journal Gazette, IN - May 22, 2006
... have suggested that workers sharply limit the company stock in their accounts following the losses that thousands sustained when companies like Enron Corp. ...
(2006-05-22 09:30:00 GMT)
Walkers sees rise in hedge fund financing for distressed funds
HedgeWeek, UK - May 21, 2006
... Companies that have benefited from hedge fund intervention include Foamex International, Inc.; Krispy Kreme; and even Enron Corporation whose international ...
(2006-05-22 06:17:00 GMT)
Hueston to Question Enron's Lay in 2nd Trial
Los Angeles Times, CA - May 21, 2006
While jurors deliberate the outcome of the fraud and conspiracy trial of Enron Corp. founder Kenneth L. Lay and former Chief Executive ...
(2006-05-22 05:17:00 GMT)
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New York Times
Report Compares San Diego Pension Fund Scandal to Enron Los Angeles Times, CA - 37 ... blames San Diego's pension fund debacle on mismanagement and illegal financial manipulations that recall the fiscal crises of Orange County and Enron Corp. ... San Diego Broke Laws in Pension Crisis, Panel Says New York Times San Diego engaged in reckless fiscal mismanagement, report says San Jose Mercury News $20 Million Audit Report Slams City Officials NBC Sandiego.com KVOA.com - KESQ - all 117 related
Request for Enron Broadband retrial rejected Houston Chronicle, United States - 1 hour ago A federal judge has turned down a request for a new trial by a former executive of Enron's Internet unit who claimed jurors pressured one another and swapped ...
New York Times
San Diego Broke Laws in Pension Crisis, Panel Says New York Times, United States - 16 ... by the private sector in recent years, as American business has sought to restore confidence in the wake of big accounting scandals at Enron and other companies ... San Diego engaged in reckless fiscal mismanagement, report says San Jose Mercury News $20 Million Audit Report Slams City Officials NBC Sandiego.com Report says San Diego deliberately mismanaged finances for years KESQ KVOA.com - Bloomberg - all 114 related
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The Enron trials will be the most important trials this decade, and will be nearly completely ignored.  Each day, we sort through all the stories to find the most interesting bits and bites.

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