In the rash of white-collar prosecutions that followed the rash of accounting scandals in 2001 and 2002, no conviction was as welcome as those of Enron Corp.’s top two executives.
Before Bernard Madoff jumped to the top of America’s most-hated fraudster list, Kenneth Lay and Jeffrey Skilling shared the spot. The two were accused of lying about Enron’s financial health while growing rich from inflated share prices. Of all the frauds in the early aughts, none galled as much as the one that broke the world’s largest energy trader.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
