The U.S. Supreme Court ruled Thursday to limit the definition of a federal fraud law. Jeffrey Brown talks with Marcia Coyle of the National Law Journal about what the ruling could mean for several well-known cases of white-collar crime. Continue reading
A Broadway musical about the fall of the disgraced Enron Corporation is closing after just 15 performances, following a hugely successful London run. Jeffrey Brown reports on the tepid reaction to the play from U.S. critics and audiences. Continue reading
Margaret Warner talks to Marcia Coyle of the National Law Journal about former Enron executive Jeffrey Skilling’s appeal to the Supreme Court and the dismissal of a challenge brought by Chinese detainees at Guantanamo. Continue reading
Question/Comment: I’m concerned that your viewers are going to come away from this discussion thinking that the market is to blame. The risky investments you refer to at the root of this problem were ones that the government mandated, ones … Continue reading
Former Enron CEO Jeffrey Skilling was sentenced Monday to more than 24 years in prison for his part in accounting practices that led to the company’s collapse. His is the latest in a series of cases of corporate corruption that have rocked the business world.
Former Enron chief financial officer Andrew Fastow, 44, was sentenced to six years in prison Tuesday, more than two years after he pleaded guilty to two counts of conspiracy for his involvement in the energy company’s 2001 collapse. Continue reading
President Bush signed a pension reform bill into law Thursday, calling it the most sweeping reform in over 30 years at a White House signing ceremony. Economics Correspondent Paul Solman outlines the changes that promise to bolster pension funding and savings. Continue reading