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Andrew Weissmann is an American attorney and professor who served as a lead prosecutor in Robert Mueller's Special Counsel's Office. He also worked on the Enron Task Force, the FBI, and the Department of Justice, and taught at NYU Law School.
A Supreme Court case that overturned the conviction of Arthur Andersen, an accounting firm involved in the Enron scandal, for obstruction of justice. The Court found that the jury instructions did not properly convey the elements of the crime and that the firm was not corruptly persuading its employees to destroy documents.
Enron was an American energy company that collapsed in 2001 after widespread fraud and misuse of mark-to-market accounting. The scandal led to the bankruptcy of Enron, the dissolution of Arthur Andersen, and new regulations to prevent similar abuses.
When energy-trading company Enron declared bankruptcy in 2001, it was the largest bankruptcy filing in U.S. history. The company's demise was tinged with scandal, as it was revealed that Enron ...
In July 2004, in the Patisserie of the Pentagon City mall's Nordstroms, Franklin repeated the fabricated information orally to Weissman. Because one item concerned imminent assassination plots against Kurds, Iraqis, and Israelis, Weissman felt obligated to pass that information on to the governments whose citizens he told Weissman were targeted ...
An instrumental piece of the Enron scandal, Skilling was part of the overvaluing of Enron’s holdings, even going as far as changing losses on contracts to look like gains.
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron is a book by Bethany McLean and Peter Elkind, first published in 2003 by Portfolio Trade. In 2005, it was adapted into a documentary film, Enron: The Smartest Guys in the Room. McLean and Elkind worked on the book when they both were Fortune senior writers.
Learn about the 2006 federal trial of Kenneth Lay, former chairman and CEO of Enron, and Jeffrey Skilling, former CEO and COO, who were convicted of securities and wire fraud. Find out the details of the charges, witnesses, verdicts, sentences, and appeals in this case.