Wednesday, December 28, 2005
Prosecutors flip the fat boy
And hopefully Kenny Boy will be doing time in 'pound him in the ass' prison for it. From the NY Times:
The former chief accounting officer of Enron pleaded guilty today to a single felony charge of securities fraud and agreed to cooperate with federal prosecutors, giving a significant lift to the government's case against the two leading figures in the scandal over Enron's collapse....Happy New Year Kenny Boy!
....In Mr. Causey, prosecutors get access to another top former Enron executive who was involved in discussions where numerous off-balance sheet transactions and creative accounting entries that led to the company's downfall were devised, approved and executed. For instance, Mr. Causey was one of two participants in a Oct. 21, 2001, meeting with Mr. Lay that is the basis of one of the seven charges against the former chief executive and chairman.
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