Enron
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Profiles/David_S._Cohen...executives at Enron and Arthur Andersen, it was criticized for downplaying the involvement of Enron's board of directors in the debacle. Ackman, Dan, "In Enron Probe, Powers Report Still Rules," Forbes, Aug. 22, 2002 In March 2006, the former... In this article: Treasury Department, Enron, Al-Qaeda, Washington, D.C, Bankruptcy, Yale, Cornell University, and Timothy Geithner |
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Forbes.com News | 11 hours ago
A Defense Of Wall Street
...innovative financiers from outside the clubby world of Wall Street were castrated at the end of the Reagan '80s. The late Ken Lay--of Enron fame--saw his reputation destroyed after the '90s Clinton boom, along with Tyco's Dennis Kozlowski...
In this article: Wall Street, Joe Nocera, God, TARP, Lloyd Blankfein, FedEx, NFL, Google, Goldman Sachs, and General Motors
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Sunday Mirror | 21 hours ago
Henry to compete for theatre awards
...Duet For One and Weisz for A Streetcar Named Desire. Advertisement - article continues below » Two big productions of the year, Enron, which sees a financial scandal turned into an entertaining romp, and Jerusalem, a story of life in...
In this article: Lenny Henry, Juliet Stevenson, Rachel Weisz, Natasha Richardson, London, Jerusalem, A Midsummer Night's Dream, Ophelia, and Hamlet
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Playbill.com | 23 hours ago
London Evening Standard Theatre Awards Handed Out Nov. 23; Jerusalem, Enron and August Among Nominees
...West End-bound production of Jez Butterworth's Jerusalem leads the nominations list, with four citations, while another Royal Court play, Enron, and the import of August: Osage County from Broadway have received three nominations...
In this article: August: Osage County, Jerusalem, London, and Rondi Reed
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Michigan Live | 1 day ago
CyberNet employees, creditors still struggling five years after fraud was exposed
...and didn't require training, but the doors that should have opened didn't. West Michigan authorities dubbed the CyberNet scandal "our Enron," referring to the Texas energy company that turned out to be an $11 billion bust for investors and...
In this article: Bankruptcy, Huntington Bank, Grand Rapids, and Suicide
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washingtonpost.com | 3 days ago
Ex-Vivendi CEO Messier testifies: Losses not fraud
...also said that in 2001 and 2002, events such as the September 11, 2001, attacks, the bursting of the dot-com bubble and the bankruptcies of Enron and WorldCom contributed to the problems because "we did not foresee any of them." Messier said...
In this article: Jean-Marie Messier, Vivendi, Allegation, Manhattan, NEW YORK, Dot-com bubble, and Bankruptcy
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washingtonpost.com | 5 days ago
Task force to take up financial fraud cases
...this decade when President George W. Bush ordered the creation of a Justice Department task force to investigate wrongdoing at Enron after the energy company failed. That task force eventually evolved into a Corporate Fraud Task...
In this article: Justice Department, Securities and Exchange Commission, Corporate Fraud Task Force, Financial crisis, Eric H. Holder Jr., Skadden Arps, Alice Fisher, and Timothy F. Geithner
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National Public Radio | 7 days ago
In London, A New Play Sheds Fresh Light On Enron
...at approx. 7:00 p.m. ET A new musical in London has an unusual storyline: The collapse in 2001 of the Houston-based energy company Enron. The play centers on former CEO Jeffrey Skilling and his efforts to make Enron a global corporate...
In this article: London, NPR, Jeffrey Skilling, Citizen Kane, and Houston
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washingtonpost.com | 7 days ago
SEC staff targets Beazer Homes CEO over bonus pay
...a company restated earnings. The broader law was an attempt to crack down on corporate America after accounting fraud at companies such as Enron and WorldCom. In another case involving the clawback provision, the SEC in July said it was...
In this article: Sarbanes-Oxley Act of 2002, Securities and Exchange Commission, Allegation, and Annual report
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Reuters | November 09, 2009
Enron vs Jerusalem at Standard theatre awards
"Enron" vs "Jerusalem" at Standard theatre awards "Enron," a play about the collapsed U.S. energy trading company, and "Jerusalem," a portrayal of less-than-idyllic life in rural England, face off at the London Evening Standard Theater...
In this article: Jerusalem, Rachel Weisz, Deanna Dunagan, A Streetcar Named Desire, Mark Rylance, Juliet Stevenson, and Lenny Henry
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Yahoo! News | November 09, 2009
Enron vs Jerusalem at Standard theatre awards (Reuters)
"Enron" vs "Jerusalem" at Standard theatre awards (Reuters) "Enron" vs "Jerusalem" at Standard theatre awards Reuters - British actress Rachel Weisz poses during a photocall to promote her latest film "Agora" in … 28 mins ago LONDON...
In this article: Jerusalem, Rachel Weisz, Deanna Dunagan, A Streetcar Named Desire, Mark Rylance, Juliet Stevenson, and Lenny Henry
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More on Enron
Description from Wikipedia:
Enron Creditors Recovery Corporation (formerly Enron Corporation, former NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Enron employed approximately 22,000 (McLean & Elkind, 2003) and was one of the world's leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001 it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the "Enron scandal". Enron has since become a popular symbol of willful corporate fraud and corruption. The scandal was also considered a landmark case in the field of business fraud and brought into question the accounting practices of many corporations throughout the United States.
Enron filed for bankruptcy protection in the Southern District of New York in late 2001 and selected Weil, Gotshal & Manges as its bankruptcy counsel. It emerged from bankruptcy in November 2004 after one of the biggest and most complex bankruptcy cases in U.S. history. On September 7, 2006, Enron sold Prisma Energy International Inc., its last remaining business, to Ashmore Energy International Ltd. Following the scandal, lawsuits against Enron's directors were notable because the directors settled the suits by paying very significant sums of money personally. The scandal also caused the dissolution of the Arthur Andersen accounting firm, affecting the wider business world.
- Name:
- Enron Creditors Recovery Corporation
- Type:
- Defunct / Asset-less Shell
- Location:
- Houston, Texas, United States
- Founded:
- Omaha, Nebraska, 1985
- Industry:
- formerly Energy
- Key People:
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- John J. Ray, III, Chairman
- Stephen F. Cooper, Interim CEO and CRO
- Jeffrey Skilling, former President, CEO and COO
- Kenneth Lay, Founder, former Chairman and CEO
- Andrew Fastow, former CFO
- Rebecca Mark-Jusbasche, former Vice Chairman, Chairman and CEO of Enron International
- No. of Employees:
- approx. 4 as of 2008.
- Website:
- http://www.enron.com/
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