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| Enron - the hearings |
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Lay says silence does not mean guilt Kenneth Lay, former Enron chief executive, declined to answer questions at a Senate hearing on the energy company's collapse, but asked congressional investigators not to assume his silence was an admission of wrong-doing. | Read |  |
Fresh questions over Skilling testimony Jeffrey Skilling, former chief executive of Enron, attended an investors' meeting where one of its most controversial private partnerships was discussed in detail, a senior congressional investigator said on Monday. | Read |  |
Former Enron boss blames panicking investors In a tense and sometimes emotional three-hour grilling before congressional investigators, Jeffrey Skilling, the former chief executive of Enron, insisted he had no knowledge of any wrongdoing at the failed energy giant and insisted that it would still be in business if panicking investors had not abandoned it last autumn. | Read |  |
Brokers promised business if scheme supported Wall Street was drawn further into the Enron debacle when it emerged in Congressional hearings that the failed energy trader promised Merrill Lynch and First Union, now Wachovia, future bond underwriting business if they would invest in its controversial off-balance sheet partnerships. | Read |  |
Andersen chief shifts blame in Enron debacle Joseph Berardino, Andersen's CEO, blamed the structure of the accounting industry for contributing to the collapse of Enron, saying audit rules barred accountants from warning about the energy giant's financial condition. | Read |  |
Conflicting advice confused many employees Enron employees trying to protect their retirement accounts from being wiped out last year as the company's share price plunged were given conflicting advice about access to their 401(k) pension plans, a former Enron employee told a congressional hearing. | Read |  |
Senate tries to overcome sceptics The first full Senate committee hearing into Enron opened on a rare note of humility that went to the heart of the widening web of Congressional inquiries into the company's collapse. | Read |  |
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