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| | MSN Encarta - Enron Scandal |
 | | Enron Scandal, business scandal that came to symbolize the excesses of corporations during the long economic boom of the 1990s in the United States. | | | Enron’s managers, whose activities brought the company to the brink of ruin, escaped with millions of dollars as they retired or sold their company stock before its price plummeted. | | | Enron’s board of directors, and especially its audit committee, apparently did not understand the complicated financial activities undertaken and consequently did not provide adequate oversight. |
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http://encarta.msn.com/encnet/refpages/RefArticle.aspx?refid=701610398
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| | Encyclopedia: Timeline of the Enron scandal |
| | Arthur Andersen tells the Enron board of directors audit committee that they have no concerns. | | | The Arthur Andersen partner in charge of the Enron account, David B. Duncan tells the audit managers to comply with the Andersen document retention policy, and observes them doing so by shredding documents. | | | October 25, 2001 Enron sends an email to all employees and to Arthur Andersen stating that all pertinent documents should be preserved. |
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http://www.nationmaster.com/encyclopedia/Timeline-of-the-Enron-scandal
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| | TIME.com: Enron: Who's Accountable? |
| | Enron paid Andersen $25 million for its audit last year and $27 million for "consulting" and other services. | | | Though Enron is bankrupt, Arthur Andersen could be liable as well, and Enron's officers and directors have deep pockets. | | | Just four days before Enron disclosed a stunning $618 million loss for the third quarter—its first public disclosure of its financial woes—workers who audited the company's books for Arthur Andersen, the big accounting firm, received an extraordinary instruction from one of the company's lawyers. |
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http://www.time.com/time/business/article/0,8599,193520,00.html
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| | BBC NEWS Business Enron scandal at-a-glance |
| | Enron lied about its profits and stands accused of a range of shady dealings, including concealing debts so they didn't show up in the company's accounts. | | | Labour's relationship with Enron's accountants, Andersen, has also raised questions, especially as the firm was taken off the unofficial blacklist for government work, where it had been placed after the De Lorean car scandal in the early 1980s. | | | The bank has not paid for the trading unit, but will share some of the profits with Enron. |
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http://news.bbc.co.uk/low/english/business/newsid_1780000/1780075.stm
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| | TIME: Behind the Enron Scandal |
| | Guilty of obstruction, Arthur Andersen becomes the first courtroom casualty of the Enron collapse | | | How Arthur Andersen's 'outside' auditors wound up in bed with the client — and made capitalism look bad |
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http://time.com/time/2002/enron
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| | Enron & Friends: the intersection of energy and bribery |
| | Citigroup and the other Wall Street firms that helped Enron with its stock frauds are now paying the price in court: they just settled with federal regulators for fines totalling well over a billion dollars, only to lose a separate ruling that they can be held liable in Enron investor lawsuits. | | | Dynegy, and other Enron competitors, are in increasing legal and financial trouble, and so are the banks that financed them. | | | Enron's executives (like those at PGandE, and many other companies) responded to the bankruptcy by sharing big chunks of the remaining cash among themselves; the SEC tried to force them to justify the move, but failed to convince a judge to block it. |
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http://gning.org/enron
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| | THE ENRON SCANDAL |
| | Enron was built with $7 billion (with a "b") of your tax dollars. | | | ENRON did not pay income tax 4 out of 5 years | | | At the very least, this means that no matter who you do your banking business with, you will be paying higher fees to cover the shortfall from the disaster. |
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http://www.whatreallyhappened.com/enron.html
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| | BusinessWeek Online: BW Magazine |
| | Before buying a stock, these days you better consider which accounting firm is doing the company's books (Daily Briefing, 1/25/02) | | | Vinson and Elkins' heavy reliance on Enron is now a potential liability for the law firm | | | Champions of securities-litigation reform should have been more careful about the law they managed to get passed in 1995 (Daily Briefing, 2/11/02) |
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http://www.businessweek.com/magazine/toc/02_04/B3767enron.htm
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| | Boston.com / Business / Timeline of events in the Enron scandal |
| | July 11 -- Enron files reorganization plan that says most creditors will get about one-fifth of the $67 billion they are owed. | | | Boston.com / Business / Timeline of events in the Enron scandal | | | 16 -- Enron reports $638 million third-quarter loss and discloses $1.2 billion reduction in the value of shareholders' stake in the company, partly related to a web of partnerships run by chief financial officer Andrew Fastow that had helped the company inflate profits and hide debt. |
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http://www.boston.com/business/articles/2004/02/19/timeline_of_events_in_the_enron_scandal
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| | Enron Jokes - Enron Scandal Cartoons and Humor |
| | Browse through collections of the latest cartoons about the Enron scandal from the Pro Cartoonists Index and Edivu. | | | You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt-equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows...(more) | | | About > Arts & Entertainment > Political Humor > Hot Issues & Scandals > Corporate Scandals > Enron Scandal |
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http://politicalhumor.about.com/od/enron
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| | Corporate Accountability/Corporations Index |
| | Daily Enron, The - Background and news coverage of the Enron scandal. | | | European Business Network for Social Cohesion (EBNSC) - Business-driven membership network whose mission is to encourage and help companies prosper in ways that stimulate job growth, increase employability and prevent social exclusion; thereby contributing to a sustainable economy and a more just society. | | | Ending Corporate Governance - Recommended reading lists and links, bulletin board, events, networking list. |
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http://www.kwsnet.com/corpacct.html
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| | BBC NEWS In Depth Enron |
| | US accountancy firm Arthur Andersen is convicted of obstructing justice, and now pledges to stop auditing publicly traded firms. | | | After a year of deliberations, a government report details Enron's complex manoeuvres to save tax, but says it will be hard to stop. | | | Enron executives bribed tax officials in order to fabricate accounts, a Senate inquiry finds, describing the deception as "eye-popping". |
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http://news.bbc.co.uk/hi/english/in_depth/business/2002/enron/
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| | Enron Scandal |
| | Enron Linked to Corruption in Clinton White House | | | Clinton Repaid Enron With $1 Billion in Subsidized Loans | | | Former Andersen Partner: Shredders 'Understood' What to Do |
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http://www.newsmax.com/hottopics/Enron.shtml
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| | CNN.com In-Depth Specials |
| | Arthur Andersen, Enron's auditing firm, in on trial on charges of obstruction of justice for shredding Enron documents while on notice of a federal investigation. | | | • CNN/Money: Senate to subpoena White House on Enron | | | The collapse of Enron, the largest bankruptcy in U.S. history, led to thousands of employees losing their life savings in 401(k) plans tied to the energy company's stock. |
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http://www.cnn.com/SPECIALS/2002/enron/
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| | HoustonChronicle.com - Special Report: Enron |
| | Andrew Fastow: A protege of Skilling, Enron's chief financial officer was often praised for his "innovative financing techniques." He set up off-the-books partnerships that hid debt from shareholders and filled his own bank account. | | | Most likely to be tried, along with former Chief Accounting Officer Richard Causey, in 2005. | | | Jeffrey Skilling: Much of the blame for Enron's problems has centered on the man who took the company away from pipelines and into new frontiers in power trading and marketing. |
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http://www.chron.com/content/chronicle/special/01/enron
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| | frontline: bigger than enron PBS |
| | Harvey Pitt, Arthur Levitt, Paul Volcker, Joseph Berardino, and others, on lessons learned from Enron and Andersen. | | | introduction + lessons + politics of enron + accounting wars + watchdogs | | | David Brooks of The Weekly Standard and Robert Kuttner of The American Prospect debate the political fallout, or lack of it. |
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http://www.pbs.org/wgbh/pages/frontline/shows/regulation/
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| | Barge case, the first to emerge from Enron scandal, may get a second phase |
| | STEP UP $$ Step up to CA's Best Home | | | Barge case, the first to emerge from Enron scandal, may get a second phase | | | Prosecutors say Merrill participated in hopes of gaining investment banking business from the energy company, then a lucrative Wall Street favorite. |
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http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2004/10/31/financial1545EST0527.DTL
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| | Ken Lay Information |
| | This website was created for informational purposes only. | | | In addition, during this same period of time, the Lay’s also contributed personally $9.5 million to non-profit organizations, mainly in the Houston area. | | | "Enron Inquiry Turns to Sales by Lay’s Wife" By Kurt Eichenwald |
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http://www.kenlayinfo.com
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