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Latest Jeffrey Skilling Stories

2006-01-31 14:24:42

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - Enron Corp. was a "ticking time bomb" in its final months, as top executives lied to the public about the billions of dollars in losses it faced, prosecutors said Tuesday at the start of the trial of former chief executives Ken Lay and Jeffrey Skilling. But Skilling's lawyer, speaking to jurors as the trial began in a case that could last four months, said his client built Enron into a world-class corporation, never broke the law or...

2006-01-31 13:52:45

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - Enron Corp. was a "ticking time bomb" in its final months, as top executives lied to the public about the billions of dollars in losses it faced, prosecutors said Tuesday at the start of the trial of former chief executives Ken Lay and Jeffrey Skilling. But Skilling's lawyer, speaking to jurors as the trial began in a case that could last four months, said his client built Enron into a world-class corporation, never broke the law or...

2006-01-31 12:12:06

By Matt Daily HOUSTON (Reuters) - Enron Corp. was a "ticking time bomb" in its final months, as top executives lied to the public about the billions of dollars in losses it faced, prosecutors said on Tuesday at the start of the trial of former chief executives Ken Lay and Jeffrey Skilling. "To the outside world, Enron appeared to be a picture of corporate success," prosecutor John Hueston told the jury in his opening arguments. "Inside the doors of Enron, things were terribly...

2006-01-31 06:18:35

By Matt Daily HOUSTON (Reuters) - Government prosecutors will roll out their case against Enron Corp.'s former top bosses Ken Lay and Jeffrey Skilling on Tuesday, seeking to convince a jury the two men took part in the financial shell game that brought down the once-powerful energy giant. The case, the culmination of four years of investigation by the U.S. Justice Department's Enron Task Force, alleges the two former CEOs conspired to hide the company's mountain of debt even as the...

2006-01-30 20:28:23

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - A jury was selected on Monday to weigh the fate of Ken Lay and Jeffrey Skilling, who presided over Enron's remarkable rise to become America's seventh-largest company and dizzying fall in one of Wall Street's greatest scandals. The panel of eight women and four men were sworn in by U.S. District Judge Sim Lake at a downtown Houston courthouse just blocks from the gleaming skyscraper that once housed Enron, clearing the way for...

2006-01-30 17:50:36

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - Two former chief executives of Enron Corp. went on trial on Monday four years after the company's spectacular collapse made it the poster boy for a wave of corporate scandals on Wall Street. Ken Lay and Jeffrey Skilling, who became symbols of corporate greed and executive privilege, have vowed to fight charges they lied to investors while enriching themselves as the Houston-based company spiraled toward bankruptcy in December 2001....

2006-01-30 16:48:14

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - Former Enron Corp. chiefs Ken Lay and Jeffrey Skilling finally came to trial on Monday, vowing to fight charges they led the company into the biggest U.S. bankruptcy of its time by lying to investors while enriching themselves. The long-awaited day in court comes more than four years after the former energy trading giant collapsed in disgrace in a December 2001 scandal that set off a wave of corporate scandals and tainted the Bush...

2006-01-30 12:22:39

By Dan Whitcomb and Matt Daily HOUSTON (Reuters) - Former Enron Corp. chiefs Ken Lay and Jeffrey Skilling finally came to trial on Monday, vowing to fight charges they led the company into the biggest U.S. bankruptcy of its time by lying to investors while enriching themselves. The long-awaited day in court comes more than four years after the former energy trading giant collapsed in disgrace in a December 2001 scandal that set off a wave of corporate scandals and tainted the Bush...

2006-01-30 10:04:36

By Matt Daily HOUSTON (Reuters) - Jury selection got under way on Monday in the long-awaited trial of former Enron Corp. chiefs Ken Lay and Jeffrey Skilling for their roles in the spectacular 2001 collapse of the former energy trading giant. A pool of more than 100 potential jurors reported at dawn to the U.S. courthouse in downtown Houston where 12 jurors and four alternates are to be chosen to hear the case. "Feeling fine," Lay said as he entered the courthouse with his wife,...

2006-01-30 06:07:22

By Matt Daily HOUSTON (Reuters) - Jury selection was set to begin on Monday in the long-awaited trial of former Enron Corp. chief executives Ken Lay and Jeffrey Skilling for their roles in the spectacular 2001 collapse of the former energy trading giant. A pool of 100 potential jurors was to report to the U.S. courthouse in downtown Houston where 12 jurors and four alternates would be chosen to hear the case. Lay, 63, and Skilling, 52, presided over Enron as it rose to become the...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.