Latest Breaking News On - Enron finance corp - Page 1 : comparemela.com

Enron Fast Facts Facts 1986 – Lay is appointed chairman and CEO of Enron. 1989 – Enron enters the natural gas commodities trading market. 1990 – Skilling, an energy consultant, is hired to run a new subsidiary called Enron Finance Corp. August 2001 – Sherron Watkins, a vice president, warns Lay that the company could “implode in a wave of accounting scandals.” October 16, 2001 – Enron announces a third-quarter loss of $618 million. The company later reveals that it overstated earnings dating back to 1997. January 9, 2002 –The June 21, 2013 –A federal judge reduces Skilling’s sentence by more than 10 years. In return, Skilling agrees to stop challenging his conviction and forfeit roughly $42 million that will be distributed among the victims of the Enron fraud.

United statesSherron watkinsJ clifford baxterYork stock exchangeArthur andersenExchange commissionSupreme courtSenate commerce committeeNew york stock exchangeTheus department of justiceEnron finance corpHouston natural gasOmaha based internorthEnron financeFormer enronFifth amendment