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Stories Posted on Tuesday, May 30, 2006

Enron spin-off plans record $22bn management buyout
Independent, UK - May 30, 2006
... Mr Kinder was previously a senior executive at Enron before it collapsed into scandal. After failing to get the chief executive's ...
(2006-05-30 23:41:00 GMT)
Not the smartest film in the cinema
Spiked, UK - May 30, 2006
Enron: The Smartest Guys in the Room is essentially a morality tale about America’s largest ever bankruptcy. It tells how excessive ...
The seductive nature of power Management-Issues
all 2 related
(2006-05-30 19:58:00 GMT)
More Enron settlements loom but payouts far off
The Standard, Hong Kong - May 30, 2006
The conviction of ex-Enron executives Kenneth Lay and Jeffrey Skilling will help former employees, shareholders and other creditors reach settlements to recoup ...
(2006-05-30 17:50:00 GMT)
 
All's well at the other Enron
CNN International - May 30, 2006
... large. (FORTUNE Magazine) - Ask folks in the Texas/Oklahoma oil patch how Enron is doing, and you might get a surprising answer. ...
(2006-05-30 17:39:00 GMT)
Molly Ivins: Closing the book on Enron
CNN - May 30, 2006
... Enron bought the politicians who bent the rules that let them steal, con and gyp. ... Phil Gramm of Texas, whose wife, Wendy, served on the board of Enron. ...
(2006-05-30 17:27:00 GMT)
There WILL Be a Quiz! Weekly Markets Recap
Motley Fool - May 30, 2006
... A benign GDP report and convictions of top Enron execs further heated up the markets Thursday, as prices climbed higher into sunny skies. ...
(2006-05-30 16:52:00 GMT)
Enron broadband judge won't quiz jurors
BusinessWeek - May 30, 2006
30 12:39 PM ET The judge in the trial of two former executives from Enron Corp.'s defunct broadband unit refused Tuesday to interrupt jury deliberations to ...
(2006-05-30 16:47:00 GMT)
Wall Street touts transparency, yearns for secrecy
Reuters - May 30, 2006
NEW YORK (Reuters) - Scandals like the one that toppled Enron have sparked calls for greater corporate transparency, but the outcry for openness ends where ...
(2006-05-30 15:14:00 GMT)
Is the Kinder Morgan buyout good for investors?
Houston Chronicle, United States - May 30, 2006
And yes, it's ironic that Rich Kinder makes headlines just days after his former Enron colleague, Ken Lay, made even bigger ones by getting convicted. ...
Pipe dream reality in Colo. Denver Post
His no-nonsense method pays off Houston Chronicle
all 3 related
(2006-05-30 14:57:00 GMT)
Lex live: Daewoo scandal
Euro2day, Greece - May 30, 2006
Ken Lay and Jeffrey Skilling, the former Enron executives convicted of fraud and conspiracy, should be so lucky. Kim Woo-choong, who ...
(2006-05-30 14:07:00 GMT)
Former Enron execs headed to pokey
InvestmentNews, NY - May 30, 2006
After nearly six days of deliberation by the jury, former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday ...
Facts on Fannie's fraud ... USA Today
all 5 related
(2006-05-30 13:10:00 GMT)
Enron jury guided by prayer, evidence

Conversations with panelists who sat in judgment of Ken Lay and Jeff Skilling revealed a spiritual group of Texans.

(2006-05-30 11:33 PM)

Enron's fall may benefit all investors
Toledo Blade, OH - May 30, 2006
... The chickens came home to roost for Enron Corp.'s former chief executive officers more than four years after the massive bankruptcy in December, 2001, that ...
(2006-05-30 10:42:00 GMT)
So, Mr. Black, have you considered Cuba?
Globe and Mail, Canada - May 30, 2006
... The US Justice Department has bagged its biggest trophy yet. The two men who ran Enron Corp. ... Mr. Black has good reason to curse Enron's name. ...
So, Mr. Black, have you considered Cuba? Globe and Mail
all 9 related
(2006-05-30 10:30:00 GMT)
Enron lessons good for all
Jackson Sun, TN - May 30, 2006
There appears to be little sympathy within the local investment community for former Enron officials Kenneth Lay and Jeffrey Skilling, who were convicted of ...
(2006-05-30 10:29:00 GMT)
Despite Enron trial, investing still risky
San Jose Mercury News, USA - May 30, 2006
You conclude in your remarks about the Enron trial that it will serve as a deterrent against corporate crimes (Editorial, May 26). ...
(2006-05-30 10:06:00 GMT)
Arlen Boardman column: Ex-Enron bosses get what they deserve with ...
Appleton Post Crescent, USA - May 30, 2006
A jury did the job when it found the two former Enron leaders guilty of fraud and conspiracy to commit securities fraud. I say this ...
(2006-05-30 09:37:00 GMT)
the Enron Effect
BusinessWeek - May 30, 2006
Sean Berkowitz, the Chicago prosecutor who headed the US Justice Dept.'s Enron Task Force, had just won fraud and conspiracy convictions against former Enron ...
(2006-05-30 09:14:00 GMT)
Enron, God and justice
National Post, Canada - May 30, 2006
... Now the Almighty finds himself invoked by former Enron CEO Ken Lay following Mr. Lay's conviction last week on a raft of fraud and conspiracy charges. ...
(2006-05-30 08:49:00 GMT)
Bush's Enron Lies
AlterNet, CA - May 30, 2006
... it is today, the national news media bought into the Bush administration's spin that the President did nothing to bail out his Enron benefactors, including ...
(2006-05-30 07:05:00 GMT)
Trading Rule May Contain Loophole for CEOs
Los Angeles Times, CA - May 30, 2006
... Trades planned in advance under an automatic trading program are protected from civil or criminal penalties. The rule was used by former Enron Corp. ...
(2006-05-30 07:00:00 GMT)
The sound of giants falling
Lompoc Record, CA - May 29, 2006
But in the end, it was the overpowering greed and avarice of Enron executives Ken Lay and Jeff Skilling that sealed the deal - which, in this case, likely will ...
Justice served Los Angeles Daily News
all 2 related
(2006-05-30 06:36:00 GMT)
Enron marks no end to scandals
Business Day, South Africa - May 29, 2006
Yet stock option-related scams, which is what the horror story at Enron was all about, are still happening today despite the Draconian requirements of the ...
... and outrageous options USA Today
all 3 related
(2006-05-30 05:17:00 GMT)
Enron convictions part of needed trend
The Decatur Daily, AL - May 29, 2006
When Enron Corp. fell in 2001, a doubting public thought the outcry for justice would die and maybe some underlings would be the fall guys. ...
(2006-05-30 05:17:00 GMT)
Enron Pair's Jail Time Could Exceed 30 Years
SmartPros Accounting - May 29, 2006
May 30, 2006 (Associated Press) Just how much time former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling spend in prison could ...
(2006-05-30 04:07:00 GMT)

Earthtimes.org
Enron verdicts good for investors
USA Today - May 29, 2006
NEW YORK — The bedrock of free markets — trust, confidence, integrity — that was undermined by the fraud that led to Enron's 2001 collapse, took another ...
Enron verdict has reinforced confidence in the judicial system Earthtimes.org
The sound of giants falling Lompoc Record
Jail for corporate crooks Winnipeg Sun
9NEWS.com - all 5 related
(2006-05-30 03:57:00 GMT)
Will SOX help SOA shine, or SOA help SOX shine?
ZDNet - May 29, 2006
Last week, the big news in business was Enron's Kenneth Lay and Jeffrey Skilling being found guilty of misleading shareholders, and the two will likely face ...
(2006-05-30 02:43:00 GMT)
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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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