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Latest Jeffrey Skilling Stories

2005-12-13 15:09:40

By Matt Daily HOUSTON (Reuters) - Former Enron Corp. Chairman Ken Lay on Tuesday said he was the victim of a "wave of terror" by prosecutors and blamed his former chief financial officer for the energy company's spectacular downfall.

2005-08-11 11:14:35

NEW YORK (Reuters) - Ex-WorldCom Inc. financial chief Scott Sullivan, the government's star witness at the criminal trial of former Chief Executive Bernard Ebbers, was sentenced on Thursday to five years in prison for assisting in the $11 billion business fraud at the company.

2005-08-11 11:05:58

NEW YORK (Reuters) - Ex-WorldCom Inc. financial chief Scott Sullivan, the government's star witness at the criminal trial of former Chief Executive Bernard Ebbers, was sentenced on Thursday to five years in prison for assisting in the $11 billion business fraud at the company.

2005-08-02 17:52:16

By Dan Wilchins NEW YORK (Reuters) - Canadian Imperial Bank of Commerce said on Tuesday it had agreed to pay $2.4 billion to investors of Enron Corp., the largest payment so far from a group of banks accused of helping the energy firm hide its debts before it collapsed in 2001.

2005-08-02 15:46:11

By Martha Graybow and Dan Wilchins NEW YORK (Reuters) - Canadian Imperial Bank of Commerce has settled with investors of collapsed energy firm Enron Corp for $2.4 billion, CIBC and the lead plaintiff in a class-action lawsuit against a group of banks said on Tuesday.

2005-08-02 15:06:39

Recasts, adds comment from plaintiff attorney, background By Martha Graybow and Dan Wilchins NEW YORK (Reuters) - A third bank has reached a major settlement with investors of collapsed energy firm Enron Corp, agreeing to pay $2.4 billion, the lead plaintiff in a class-action lawsuit against a group of banks said on Tuesday.

2005-07-21 16:29:45

By Matt Daily HOUSTON (Reuters) - U.S. prosecutors' failure to win convictions in the latest Enron Corp. criminal trial will force the government to rethink its strategy before taking on the disgraced energy company's former chiefs, Ken Lay and Jeff Skilling, legal experts said on Thursday.

2005-07-20 18:51:59

By Mark Babineck HOUSTON (Reuters) - A jury found three former executives of Enron Corp.'s broadband Internet unit not guilty on several charges on Wednesday, and a U.S. federal judge declared a mistrial on other counts against them and two other defendants.

2005-07-11 20:20:20

By Peter Szekely WASHINGTON (Reuters) - Enron Corp agreed to put a $356.25 million price tag on government and employee claims against the fallen energy giant's retirement plans, the U.S. Labor Department said on Monday.

2005-07-11 13:19:15

By Martha Graybow NEW YORK (Reuters) - Former WorldCom Inc. Chief Executive Bernard Ebbers likely will get a stiff prison term that could last the rest of his life when he is sentenced by a U.S. judge this week, legal experts said on Monday.


Word of the Day
abactinal
  • Pertaining to the surface or end opposite to the mouth in a radiate animal.
The word 'abactinal' comes from a Greek root meaning 'ray' and a Latin prefix meaning 'away'.
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