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Latest Jeffrey Skilling Stories

2006-04-10 16:27:35

By Matt Daily HOUSTON (Reuters) - Former Enron Chief Executive Jeffrey Skilling took the witness stand in his own defense on Monday, proclaiming his innocence and telling the jury he never imagined the company he helped create would collapse. Skilling, 52, and former Enron CEO and Chairman Ken Lay stand accused of lying to investors and analysts to hide the dismal financial health of Enron, which collapsed in December 2001 in the then largest-ever U.S. bankruptcy. "It's not in my...

2006-04-10 10:46:54

HOUSTON (Reuters) - Former Enron Chief Executive Jeffrey Skilling took the witness stand at his criminal trial on Monday, telling the jury he would fight the charges "till the day I die." Skilling, 52, and former Enron CEO and Chairman Ken Lay stand accused of lying to investors and analysts to hide the dismal financial health of Enron, which collapsed in December 2001 in what was then the largest-ever U.S. bankruptcy. "It's not in my nature not to fight something like this. The...

2006-04-06 13:19:58

By Matt Daily HOUSTON (Reuters) - Testimony from former Enron Corp. Chief Executive Officer Jeffrey Skilling at his fraud and conspiracy trial could be pushed back until Monday as questioning of Enron's former top lawyer continued, Skilling's lawyer said on Thursday. Skilling's testimony was expected to begin Thursday afternoon, but his lawyer Dan Petrocelli told reporters "it's looking grim" as to whether his client would take the witness stand before the end of the day. Skilling,...

2006-04-06 11:02:12

By Matt Daily HOUSTON (Reuters) - Former Enron CEO Jeffrey Skilling, who went from business visionary to pariah with the energy trader's dramatic collapse, will take the witness stand on Thursday at his trial to try to face down more than two dozen criminal charges. The 52-year-old Skilling was a driving force behind Enron's spectacular rise from its roots as an obscure pipeline company to a worldwide energy giant that revolutionized energy trading. But revelations of accounting...

2006-04-05 19:58:45

By Matt Daily HOUSTON (Reuters) - Former Enron CEO Jeffrey Skilling, who went from business visionary to pariah with the energy trader's dramatic collapse, will take the witness stand on Thursday at his trial to try to face down more than two dozen criminal charges. The 52-year-old Skilling was a driving force behind Enron's spectacular rise from its roots as an obscure pipeline company to a worldwide energy giant that revolutionized energy trading. But revelations of accounting...

2006-04-05 13:26:22

By Matt Daily HOUSTON (Reuters) - Defense lawyers continued on Wednesday chipping away at the U.S. government's charges that former Enron chief executives Ken Lay and Jeffrey Skilling knowingly committed fraud and conspired to deceive investors. The morning's first witness to take the stand, Max Hendrick, a lawyer testified Enron hired him to investigate the allegations of fraud made by former Enron Vice President Sherron Watkins in a famed 2001 memo. Watkins, who testified for the...

2006-04-04 18:35:45

By Matt Daily HOUSTON (Reuters) - A former top Enron deal maker said on Tuesday former CEO Jeffrey Skilling blocked a bid by the company's financial chief to receive preferential treatment in bidding for Enron assets that were for sale. The testimony by Mark Metts took aim at earlier claims by former Chief Financial Officer Andrew Fastow that he had a secret deal with Skilling to buy up poorly performing Enron assets through partnerships he operated to inflate Enron's profits....

2006-04-03 14:00:06

By Matt Daily HOUSTON (Reuters) - A government witness buckled under pressure from prosecutors and gave a fraudulent confession that he broke the law while at Enron Corp., the first witness to testify for former CEOs Ken Lay and Jeffrey Skilling said on Monday. The witness, Joannie Williamson, said her friend and former boss at Enron investor relations, Mark Koenig, confided to her that he had committed no crimes at the now-collapsed energy company, even though he pleaded guilty to...

2006-03-31 14:33:18

HOUSTON (Reuters) - A former Merrill Lynch banker imprisoned for his role in a sham deal with Enron Corp. is due to be released on Friday while an appeals court considers overturning his conviction, according to court documents. William Fuhs was sentenced last year to 3 years and 1 month in prison after he, three other Merrill Lynch bankers and one former Enron executive were convicted of conspiracy and fraud in November 2004. Fuhs is due to appear before a magistrate court in...

2006-03-29 12:29:18

In March 28 story, please read in 9th paragraph ... He handed the CEO position over to Skilling in 2001 ... instead of ... He handed the CEO position over to Skilling in 1991 ... . By Matt Daily HOUSTON (Reuters) - Prosecutors dropped a handful of charges against Ken Lay and Jeffrey Skilling on Tuesday as they rested their case against the former Enron Corp. CEOs accused of covering up the financial ruin at the energy company. Prosecutors asked U.S. District Court Judge Sim Lake to...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'