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Stories Posted on Saturday, May 27, 2006

Enron's ruinous legacy
Scotland on Sunday, UK - May 27, 2006
... of Jack Welch and General Electric, the early years of the 21st century have a corporate face of their own: Kenneth Lay and his disgraced Enron corporation. ...
(2006-05-27 23:41:00 GMT)
Enron duo are facing life in jail
The Sunday Times, UK - May 27, 2006
Minutes later, at 11am Houston time, the jury filed in. Witnesses said they didn’t look at Lay, the founder of the collapsed energy giant Enron. ...
(2006-05-27 22:41:00 GMT)
 
Enron bosses nailed in fraud
Detroit Free Press, United States - May 27, 2006
Enron founder Kenneth Lay, with his wife, Linda, professes his innocence after the verdict. (PAT SULLIVAN/Associated Press). Founder ...
(2006-05-27 09:38:00 GMT)
Enron sentences could hinge on investor losses
Charlotte Observer, NC - 4
HOUSTON - Just how much time former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling spend in prison could be tied to how much ...
(2006-05-27 07:10:00 GMT)
Big Enron victory likely to embolden prosecutors
Arizona Daily Star, AZ - 6
WASHINGTON — While the federal government has garnered its biggest victory from the business scandals of recent years with the conviction of former Enron Corp ...
(2006-05-27 07:08:00 GMT)
Enron convictions may encourage federal prosecutors
OregonLive.com, OR - 7
... While the federal government has garnered its biggest victory from the business scandals of recent years with the conviction of former Enron chiefs Kenneth Lay ...
(2006-05-27 07:07:00 GMT)
Enron Jury Saw Story Defense Missed
Los Angeles Times, CA - May 26, 2006
By Thomas S. Mulligan, Times Staff Writer. The home page, with its red, white and blue piping and its formal portrait of the disgraced Enron Corp. ...
(2006-05-27 06:38:00 GMT)

Canadian Business
Enron officials must pay price
London Free Press, Canada - 40
The convictions of Enron executives Kenneth Lay and Jeffrey Skilling are a judicial landmark that states emphatically the rich and well-connected are not ...
Jury Found a Trail in Enron Trial Los Angeles Times
Former Enron bosses convicted Taipei Times
Ex-Enron workers celebrate verdict Calcutta Telegraph
New York Times - MSNBC - all 3,056 related
(2006-05-27 06:34:00 GMT)
Enron's collapse had lasting impact
Toronto Star, Canada - May 26, 2006
... Examining cash flow instead of just focusing on revenue could have predicted the demise of a number of companies fuelling the boom, including Enron Corp., he ...
(2006-05-27 05:37:00 GMT)
Guilt, then responsibility: Enron sentences may hinge on how much ...
MetroWest Daily News, MA - 12
By Kristen Hays/ Associated Press. HOUSTON -- Just how much time former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling spend ...
(2006-05-27 05:01:00 GMT)
Enron Juror Gets His Life Back
Washington Post, United States - 1 hour ago
... Washington Post staff writer Carrie Johnson was online from Houston, where former Enron executives Kenneth L. Lay and Jeffrey K. Skilling were convicted on ...
(2006-05-27 04:36:00 GMT)
Jury Found a Trail in Enron Trial
Los Angeles Times, CA - May 26, 2006
... on Friday. The home page, with its red, white and blue piping and its formal portrait of the disgraced Enron Corp. founder, remained ...
(2006-05-27 03:25:00 GMT)

CTV.ca
Former Enron bosses convicted
Taipei Times, Taiwan - 1 hour ago
Former Enron Corp chiefs Ken Lay and Jeffrey Skilling were convicted on Thursday of fraud and conspiracy in one of the greatest corporate scandals in US history ...
Ex-Enron workers celebrate verdict Calcutta Telegraph
Enron Shows Businesses Face Tough Tactics New York Times
Jury Found a Trail in Enron Trial Los Angeles Times
MSNBC - Economic Times - all 3,042 related
(2006-05-27 03:16:00 GMT)

Hamilton Spectator
Gushing forth for God and country but the well ran dry
Unison.ie, Ireland - 1 hour ago
ENRON Corporation founder Kenneth Lay is now facing a very dark future, having been convicted on Thursday of six counts of fraud and conspiracy for allegedly ...
ENRON: CRIMINAL CONVICTION ABSENT PROOF OF INTENT Free Market News Network
Lay attained, lost 'American dream' Hamilton Spectator
Lay was Houston's go-to guy BusinessWeek
Business Wire (press release) - New York Post - all 34 related
(2006-05-27 03:09:00 GMT)
Enron verdict signals corporate execs be held accountable
Bizjournals.com, NC - 3
The verdict in the Enron Corp. trial is likely to ratchet up the fear level among company executives a little bit higher even though ...
Enron: Q & A St. Petersburg Times
Qwest tangled in Enron Broadband Denver Post
Enron verdict is 'victory for all Americans,' Cox says MarketWatch
AZ Central.com - Zee News - all 14 related
(2006-05-27 02:39:00 GMT)
Effect of Enron scandal has changed US corporations' practices
China Post, Taiwan - 16
Long before Thursday's guilty verdicts against Kenneth L. Lay and Jeffrey K. Skilling, the Enron Effect was already changing US corporations. ...
(2006-05-27 02:26:00 GMT)
Paul Loeb: Enron's Good Fight
Yahoo! News - May 26, 2006
"We fought the good fight," Jeff Skilling said, standing strong after he and "Kenny Boy" Lay were convicted of defrauding Enron stockholders. ...
(2006-05-27 02:14:00 GMT)
Energy Trading Goes On, But Buyers Are Smarter
Washington Post, United States - 5
When Enron collapsed in 2001, the idea of trading electricity seemed headed for the scrap heap of failed financial innovations. ...
(2006-05-27 01:52:00 GMT)

KCBS
Enron's press pass
Los Angeles Times, CA - 3
DURING the trial that ended Thursday with their conviction on fraud and other charges, former Enron bosses Kenneth L. Lay and Jeffrey K. Skilling insisted that ...
Firm's Fall Led to Change in Conduct Los Angeles Times
Chances of Overturning Verdict Seen as Slim Los Angeles Times
Skilling's Lawyer Girds for an Appeal Los Angeles Times
KCBS - KNX1070 - all 6 related
(2006-05-27 01:34:00 GMT)
Alma mater wrestles with Lay donation after Enron conviction
Grand Forks Herald, ND - 6
- The criminal conviction of Kenneth Lay may prompt his alma mater to reconsider the use of a $1.1 million Enron-backed gift donated ... Soon after Enron Corp. ...
(2006-05-27 00:16:00 GMT)
Bush Lackey Gets Into Harvard
Yahoo! News - 6
The Nation -- It's good to know that in the wake of the Enron indictments, the future of America's business world is in safe hands. ...
(2006-05-27 00:10:00 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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