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Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
| More Enrons to come?
WASHINGTON (CNN) -- By now, we have all heard the Enron horror stories about how employees there lost virtually their entire life savings when the once-huge energy giant became the largest bankruptcy in American history. Lest we forget -- it wasn't very long ago when Enron was the seventh largest company in the United States.
__________________I spoke with two former Enron employees the other day and heard their very sad stories. Roger Boyce worked in the field of safety and security for Enron in Minneapolis. Just months ago his retirement plan was worth more than $2 million. He's now retired, and his plan is worth "probably about $3,000." He's taken a nearly $2 million hit http://www.cnn.com/CNN/Programs/wolf...rts/index.html |
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![]() | #2 |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
| More Enrons to come?
WASHINGTON (CNN) -- By now, we have all heard the Enron horror stories about how employees there lost virtually their entire life savings when the once-huge energy giant became the largest bankruptcy in American history. Lest we forget -- it wasn't very long ago when Enron was the seventh largest company in the United States.
__________________I spoke with two former Enron employees the other day and heard their very sad stories. Roger Boyce worked in the field of safety and security for Enron in Minneapolis. Just months ago his retirement plan was worth more than $2 million. He's now retired, and his plan is worth "probably about $3,000." He's taken a nearly $2 million hit http://www.cnn.com/CNN/Programs/wolf...rts/index.html |
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Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
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WASHINGTON (CNN) -- The former Andersen LLP auditor who handled Enron's books refused to testify at Thursday's opening hearing of the congressional panel investigating the shredding of documents related to the Enron collapse. Former Enron auditor David Duncan, since fired by the auditing firm, invoked his Fifth Amendment rights against self incrimination and declined to speak further. Lawmakers on the investigative http://www.cnn.com/2002/US/01/24/enr...ess/index.html |
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![]() | #4 |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
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WASHINGTON (CNN) -- The former Andersen LLP auditor who handled Enron's books refused to testify at Thursday's opening hearing of the congressional panel investigating the shredding of documents related to the Enron collapse. Former Enron auditor David Duncan, since fired by the auditing firm, invoked his Fifth Amendment rights against self incrimination and declined to speak further. Lawmakers on the investigative http://www.cnn.com/2002/US/01/24/enr...ess/index.html |
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![]() | #5 |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
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Enron-type accounting problems widespread, ex-SEC chief says WASHINGTON, Jan. 24 — The financial alchemy that turned Enron from Wall Street darling to disaster exists in many other companies, said Arthur Levitt, former chairman of the Securities and Exchange Commission, in testimony before a Senate panel Thursday. Meanwhile, in another Congressional probe of the bankrupt energy-trading firm, a fired Enron outside auditor refused to testify before a House panel about the shredding of the energy company’s documents, invoking his Fifth Amendment protection against self-incrimination. http://www.msnbc.com/news/693330.asp#BODY |
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Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2001 Location: Plano,TX USA
Posts: 388
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Enron-type accounting problems widespread, ex-SEC chief says
__________________WASHINGTON, Jan. 24 — The financial alchemy that turned Enron from Wall Street darling to disaster exists in many other companies, said Arthur Levitt, former chairman of the Securities and Exchange Commission, in testimony before a Senate panel Thursday. Meanwhile, in another Congressional probe of the bankrupt energy-trading firm, a fired Enron outside auditor refused to testify before a House panel about the shredding of the energy company’s documents, invoking his Fifth Amendment protection against self-incrimination. http://www.msnbc.com/news/693330.asp#BODY |
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