enron

Former Enron Executive Dead in Apparent Suicide

A former vice chairman of Enron was found shot to death in his car today. A coworker said J. Clifford Baxter "complained mightily" about Enron's alleged mismanaged accounting practices before he resigned in May.

Hearings on Enron Begin on Capitol Hill; Kenneth Lay Resigns

The House Energy and Commerce Committee heard testimony from former employees of Arthur Andersen, Enron's former auditors, one day after Enron's Chairman and CEO quit under pressure.

Enron Chair and CEO Kenneth Lay Resigns

Enron Chair and CEO Kenneth Lay announced he would resign, saying it was in the best interests of the company and its shareholders.

Govt. Proposes Accounting Industry Reforms

On the same day bankrupt energy giant Enron fired its accounting firm, the head of the U.S. Securities and Exchange Commission pledged to reform the regulation of the financial accounting system to prevent the abuses alleged in the Enron case.

Enron Memo Warned of Financial Troubles

A memo written in August by a senior Enron employee warned the head of Enron that questionable accounting practices could destroy the company.

Justice Dept. Announces Enron Investigation

The Justice Department has confirmed it has opened a criminal investigation a fraud investigation of Enron Corp., nearly one month after the former energy giant collapsed in the largest bankruptcy in U.S. history.

Enron Receives $1.5 Billion Emergency Funding

One day after Enron files for the largest corporate bankruptcy in U.S. history, two major banks provide short-term rescue package for the collapsed energy giant and former Wall Street favorite.

Former Energy Giant Files Largest Bankruptcy Claim

In the largest corporate bankruptcy in U.S. history, Enron filed for creditor protection of its U.S. energy businesses. It also hit Dynegy with $10 billion suit for breach of contract yesterday; Dynegy responded Monday with a counter-suit.

Energy Giant Enron on Verge of Bankruptcy

Enron, the nation's largest energy dealer, remains in crisis today, facing what could be the largest-ever U.S. corporate bankruptcy.

Energy Giant Enron on Verge of Bankruptcy

By Admin

Dynegy Inc. withdrew its offer to acquire Enron, once the top trader of natural gas and electricity in the United States, after two major credit agencies downgraded Enron's bonds to junk status.