Enron Defendant Says Barge Deal Was a Sham
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A former Enron Corp. executive told a  jury on Thursday that he knew the disgraced energy company had  made a bogus deal with investment bank Merrill Lynch in order  to post fraudulent profits.
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HOUSTON - Jurors still have work to do after convicting several former Wall Street bankers and a former Enron Corp. finance executive Wednesday of conspiring to push through a sham deal.
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_ An alleged side deal between Enron Corp. and Merrill Lynch &amp; Co. in 1999 shows how Enron was willing to employ suspect financial practices to meet lofty earnings targets, prosecutors said.
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NEW YORK, September 22  - A witness in the first Enron criminal trial, and a former executive at the company, testified today that she believed that the Enron executives now on trial were involved in an effort to hide an illicit deal
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A Houston jury has reached a verdict Wednesday in the conspiracy and fraud trial of six defendants connected to a sham deal to illicitly boost Enron Corp.
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A U.S. federal judge on Monday rejected   a plea for mercy from prosecutors and sentenced a former Enron   Corp. executive who testified against Ken Lay and Jeff Skilling   to 30 months in prison.
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A judge in an Enron investor fraud suit is giving Enron shareholders another chance to describe the bankÂs role in the companyÂs collapse.
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A former Enron Corp.  ENRNQ.PK  assistant treasurer pleaded guilty on Tuesday in U.S. District  Court to conspiracy to commit securities fraud for disguising  the company's weak finances before its dramatic collapse.
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Jurors began deliberations in the trial of six former Enron Corp. and Merrill Lynch &amp; Co. executives accused of fraud and conspiracy in the energy trader&#39;s 1999 sale of three power-generating barges.
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Former Enron Corp. executive Michael Kopper said his ex-boss, Andrew Fastow, promised to buy back Merrill Lynch &amp; Co.&#39;s interest in Nigerian barges as part of a plan to falsely boost Enron&#39;s revenue by $12 million.
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An alleged side deal that wiped out the legitimacy of Enron Corp.&#39;s sale of equity in three barges to Merrill Lynch &amp; Co. in late 1999 lies at the heart of the first criminal trial to emerge from the bankrupt energy company&#39;s scandal.
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Four former Merrill Lynch and Co. executives and two former midlevel Enron executives conspired to push through a sham sale of barges in 1999 because they didn&#39;t think they&#39;d get caught, a prosecutor said Wednesday.
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The chief operating officer of Enron Corp.'s failed Internet unit pleaded guilty yesterday to a single criminal conspiracy charge and agreed to cooperate with the government, as prosecutors continued to build their case against the Houston energy company's top leaders.
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The Supreme Court dealt a blow Tuesday to Enron investors who sued major investment banks to recover money lost when the Texas energy giant collapsed
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A former Enron Corp. (ENRNQ.PK: Quote, Profile, Research) assistant treasurer pleaded guilty on Tuesday in US District Court to conspiracy to commit securities fraud for disguising
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Reuters reported Monday that a former aide to Enron Corp. ex-Chief Financial Officer Andrew Fastow has implicated his former boss in pushing a bogus deal with Merrill Lynch that boosted Enron&#39;s books.
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The first criminal trial to emerge from Enron Corp.&#39;s 2001 collapse â-ver the alleged sham sale of river barges in a scheme to help the energy company meet earnings targets â -ld stretch into a second phase.