First Criminal Trial on Enron to Begin Today
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As the first criminal trial stemming from the financial deals at Enron opens, it will be notable as much for who is not among the six defendants as who is.
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Nearly three years after Enron Corp.'s  dramatic collapse into bankruptcy, the first criminal trial  against the disgraced energy company's former employees is set  to kick off on Monday.
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Nearly three years after Enron Corp.'s  ENRNQ.PK dramatic collapse into bankruptcy, the first  criminal trial against the disgraced energy company's former  employees is set to kick off on Monday.
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The defendants are accused of helping push through Enron's year-end 1999 sale of interest of barges so the energy company could book a $12 million pretax profit the company needed to meet earnings targets.
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A jury convicted four former Merrill Lynch (MER:NYSE - news - research) executives and a former Enron employee of conspiracy and fraud in the first criminal trial involving employees of Wall Street and the once-beleaguered company.
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As the first criminal trial stemming from the financial deals at Enron opened in Houston on Monday, it is notable as much for who is not among the six defendants as who is - and for how little money was involved compared with how much in other Enron
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Defense lawyers on Wednesday sought to  poke holes in a government witness's story of an angry  confrontation with a former Enron Corp. accountant charged with  fraud after the witness disclosed a secret deal with Merrill  Lynch at the heart of the first criminal trial of former  employees of the fallen energy company.
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The first witness in the first Enron criminal trial testified this morning she believed those higher up than both she and the Enron accountant now on trial were in on an effort to hide illicit
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Enron Corp. ENRNQ.PK, desperate to  meet profit targets, "parked" unwanted power generating barges  at Merrill Lynch in a sham sale designed to be reversed, a  prosecutor said on Tuesday in the first criminal trial of  former executives at the fallen energy company.
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The first criminal trial to involve former staff of disgraced energy firm Enron is under way in Texas, with two Enron staff and four bankers in the dock.
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Defendants on trial in the first Enron Corp. criminal case may seek to call former Enron Corp.  financial mastermind Andrew Fastow as a witness to aid their defense, according to documents submitted by defense lawyers on Friday.
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Labor groups and plaintiffs' lawyers sounded alarms yesterday over upcoming court filings in a case that could determine whether investors in Enron and other fraud-ridden companies can recover money from investment banks.
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Jury selection began today in Fort Hood, Tex., in the military trial of the so-called ringleader of the prison scandal in Iraq.
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The jury in the trial of former Enron  Chief Executives Ken Lay and Jeffrey Skilling began its fifth  day of deliberations on Wednesday to decide whether the two are  guilty of fraud and conspiracy at the collapsed energy trader.
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The first criminal trial involving former Enron staff is &quot;a case about cheating and lying&quot;, prosecutors say. Two Enron employees and four Merrill Lynch executives face charges relating to a transaction in Nigeria in 1999.
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Nearly three years after Enron Corp.&#39;s dramatic collapse into bankruptcy, the first criminal trial against the disgraced energy company&#39;s former employees is set to kick off on Monday.
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Three former bankers are due in court to face an extradition hearing in connection with the collapsed energy giant Enron.