ShortNews
+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums 1 Users Online   
   
                 08/22/2014 05:57 AM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
Bank of America Agrees to Nearly $17B Settlement
A Third of Working-Age Americans Have No Retirement Savings
Colorado Plans to Produce More Legalized Recreational Pot
more News
out of this Channel...
  362 Visits   1 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
02/08/2002 09:29 AM ID: 17144 Permalink   

Ex-Enron CEO Claims Ignorance

 

Jeff Skilling, who was the head of the bankrupt Enron firm until August last year, has told a panel of US Congressmen that he never knew the company was lying to its shareholders.

He claims that when he left it, four months before its collapse, "I did not believe the company was in any imminent financial peril."

One Congressman on the panel has already said that the company collapse was not because of one or two people. "From senior managers to corporate directors to outside counsel to accountants, almost no-one who had the power to sound the alarm... did so."

 
  Source: news.bbc.co.uk  
    WebReporter: kent brockman Show Calling Card      
  Recommendation:  
ASSESS this news: BLOCK this news. Reason:
   
  What's Your Opinion?
  
 
 
Copyright ©2014 ShortNews GmbH & Co. KG, Contact: info@shortnews.com