Enron former chief denies fraud at collapsed utility: prosecutors say that Lay took helm of a conspiracy; 'failure is not a crime'
Article Abstract:
Kenneth L. Lay, former chief executive of Enron Corp., has pleaded not guilty to securities fraud, and was released on $500,000 bail. Prosecutors have charged Lay with taking control of a conspiracy to conceal the firm's rapidly declining finances. Lay states he only failed to save the company but did not participate in criminal activity.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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First Enron trial begins Monday: case involving energy barges asks whether Merrill's purchase was a sham to earn $12 million
Article Abstract:
On September 20th, the trial begins to determine whether defendants illegally manipulated Enron Corp.'s books by allowing Merrill Lynch play the buyer in an allegedly rigged purchase of a share in some Enron barges. It is the first test of whether criminal acts took place in the energy company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Eurex Committee may investigate Citigroup trade
Article Abstract:
The Citigroup Inc. stock market manipulation case is expected to be passed on to the Eurex AG derivatives exchange sanctions committee in the next couple of days.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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