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Jeff Skilling's appeal

Former Enron boss Jeff Skilling who was sentenced to 24 years jail has begun his appeal

Skilling fights on

Jeff Skilling, who was sentenced to 24 years jail for his part in the destruction of Enron, is fighting to get out of prison.

Enron, stakeholders and the consequences for corporate governance

A new study shows that Enron taught us one thing: companies that fail to look after their employees are in bigger danger of liability for bad behavior. That's what happens even if they look after shareholders.

"It wasn't me" says Jeff Skilling

Former Enron chief executive, who was sentenced to more than 24 years in the slammer for his role in the Enron fraud, is asking for a new trial. Skilling claims he is the real victim.

Natural gas and the Enron loophole

Should the natural gas market be subjected to stricter rules. The implosion of the hedge fund Amaranth has drawn attention to a little-known loophole created by Enron when it successfully lobbied the US government to deregulate trading by energy exchanges. And the problem will get worse with carbon shaping up as the world's biggest commodity market.

Bush hurts Enron's investors

President George Bush has stiffed Enron investors by refusing to back their lawsuit against Enron s investment banks. The White House decision goes against the recommendation of the Securities and Exchange Commission.

Deja vu with Blackstone's Enron-style accounting

In the lead up to the Blackstone initial public offering, it's shaping up as a test case of new fair-value accounting rules where profits can be booked years in advance of when the money actually comes in.

Gonzales and the Ken Lay defence

No surprises that US attorney-general Alberto Gonzales is using the Ken Lay defence and pleading ignorance. After all, he used to be Enron s lawyer. But under Sarbanes-Oxley, CEOs can t use that defence. It doesn t apply to the man in charge of prosecuting them

Traders cash in on the Enron mystique

Ken Lay's dead and his lieutenants are either in the slammer or heading there, but Enron's traders are doing very well, thank you very much. It seems that the second biggest bankruptcy in US history which wiped out 5,000 jobs and at least $1 billion in retirement funds has launched many careers. The ghost of Enron lives on

Enron sentence roundup

So Richard Causey, Enron's former chief accounting officer, has been sentenced to 5 1/2 years for his role in the scandal, 18 months less than the seven year maximum he agreed to serve when he did the last-minute plea in December to avoid trial. Andy Fastow, who also got a reduced sentenced and lowered the bar for the rest.

Sox First: The Skilling sentence: response and analysis

Barely 24 hours after former Enron CEO Jeff Skilling was sentenced to 24 years 4 months, the blogosphere has been buzzing with responses and analysis.

Enron's Skilling sentenced to 24-years in prison

Former Enron Corp. chief executive Jeff Skilling was sentenced on Monday to more than 24 years in prison for his part in the financial scandal that brought down the company and came to symbolize a dark era in U.S. business. U.S. District Judge Sim Lake said Skilling, 52, would remain free with an electronic monitor on his ankle until he is ordered to report to prison.

Kenneth Lay's Conviction Erased From Record -

A federal judge in Houston this afternoon wiped away the fraud and conspiracy conviction of Kenneth L. Lay, the Enron Corp. founder who died of heart disease in July, bowing to decades of legal precedent but frustrating government attempts to seize nearly $44 million from his estate. The ruling worried employees and investors who lost billions of dollars when the Houston energy trading company filed for bankruptcy protection in December 2001. It also came weeks after Congress recessed for the November elections without acting on a last-ditch Justice Department proposal that would have changed the law to allow prosecutors to seize millions in investments and other assets that Lay controlled.

Judge rejects mercy plea in sentencing ex-Enron exec

U.S. District Judge Kenneth Hoyt on Monday rejected a plea for mercy from prosecutors and sentenced former Enron Corp. executive David W. Delainey, who testified against Ken Lay and Jeff Skilling, to 30 months in prison.

Key NatWest/Enron witness is found dead in park

A key prosecution witness in the case of the NatWest Three was found dead in east London yesterday. The three bankers are due to be extradited to the United States today to face fraud charges relating to an Enron company.