Ex-Enron Official Details Merrill Lynch Deal
683455
HOUSTON, Oct. 7 -- The government prepared Thursday to rest its fraud and conspiracy case against four former Merrill Lynch & Co. executives and two former mid-level Enron Corp. executives, following testimony from a key Enron executive that a barge sale was a sham designed to inflate profits.
725434
A former Enron executive currently serving a prison term testified in the first Enron criminal trial on Wednesday that he worked on a secret deal with Merrill Lynch to fraudulently boost the disgraced energy giant's profits.
99171
HOUSTON The man who became Enron&#39;s chief financial officer a month after the energy giant declared bankruptcy has resigned. An Enron spokeswoman says Raymond Bowen will pursue other professional opportunities.
52606
WASHINGTON : Four former Merrill Lynch bankers and a former Enron executive were convicted by a Texas jury on criminal charges for carrying out a fraudulent deal that helped the notorious energy trader inflate its earnings.
218340
NEW ORLEANS, Feb. 5 (Bloomberg News) â Two investment banks, Merrill Lynch and Credit Suisse, asked a federal appeals court yesterday to end a class-action lawsuit by Enron investors seeking $40 billion that they lost when the energy trader collapsed in 2001.
424245
A former assistant treasurer at toppled energy giant Enron Corp. pleaded guilty to a conspiracy charge Tuesday for his alleged role in making Enron&#39;s financial picture appear rosier than it really was.
34736
Leslie R. Caldwell, a veteran prosecutor who directed the Justice Department&#39;s probe of Enron Corp. until early this year, has joined the Morgan, Lewis &amp; Bockius LLP law firm as a partner in its criminal defense and investigations unit.
29608
Former Enron Corp. assistant treasurer Timothy Despain pleaded guilty yesterday to conspiracy to commit securities fraud and agreed to cooperate with federal prosecutors investigating the company.
307014
Some of Enron Corp's EONPQ.PK former  directors have agreed to a $168 million settlement of a  shareholder lawsuit over the collapse of the once powerful  energy trading company, the lead plaintiff in the case said on  Friday.
402545
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.
300583
Enron Corp.&#39;s former director of investor relations has agreed to pay $1.49 million to settle fraud charges related to the bankrupt energy company, US securities regulators said on Wednesday.
546717
A former assistant treasurer at Enron Corp. (ENRNQ.PK: Quote, Profile, Research) agreed to plead guilty to conspiracy to committing securities fraud on Tuesday and will cooperate
452555
(InfoWorld) - Kenneth Rice, former CEO of Enron Broadband Services (EBS), has been sentenced to 27 months in prison on securities fraud charges and ordered to turn over about $15 million, the U.S. Department of Justice announced Monday. The $15 million will go to victims of the fraud at Enron, the Texas energy company that filed for bankruptcy in December 2001 before investigations revealed widespread accounting fraud. Rice and others at EBS, a unit of Enron, made a series of false statements about the products and business performance in order to mislead investors about the success of the company and inflate the price of Enron's stock, the DOJ said in a press release. Rice was sentenced Monday by Judge Vanessa Gilmore at U.S. District Court for the Southern District of Texas in Houston. Rice pleaded guilty in July 2004 to a securities fraud charge and cooperated with the DOJ's investigation into the collapse of Enron. While serving as CEO at EBS, Rice conspired with others to make false statements about the company's development of various software capabilities and its fiber-optic network, the DOJ said. Rice falsely portrayed EBS as a commercial and business success and falsely claimed that network control software developed by EBS was "up and running," when in fact the software had not progressed beyond the internal development stage. These misrepresentations, including a failure to disclose to the investing public that the company stood to sustain operating losses in 2001, contributed to a sharp rise in Enron's stock price, the DOJ said. EBS entered a number of partnerships before Enron's collapse. In July 2000, Blockbuster announced that it struck an exclusive 20-year partnership with EBS to deliver video on demand by early 2001. Blockbuster began testing the service in February 2001. Kevin Hannon, the former COO at EBS, was sentenced by Gilmore earlier this month to two years in prison, and fined $125,000. Hannon pleaded guilty in August 2004 to conspiracy to commit securities fraud and wire fraud. To date, the federal Enron Task Force has brought criminal charges against 36 defendants, including 25 former Enron employees. Eighteen of those defendants have pleaded guilty or been found guilty after trial. The task force has seized more than $100 million in Enron cases.
591030
Former Enron executive Raymond Bowen  agreed to pay $500,000 to settle charges of earnings  manipulation, the U.S. Securities and Exchange Commission said  on Monday.
1967
The Justice Department obtained a guilty plea Tuesday from a former junior executive at Enron who admitted lying to Wall Street credit-rating firms about the company&#39;s worsening cash flow and debt obligations.
2693
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
609841
October 15, 2004 -- Ex-Enron Corp. chief financial officer Andrew Fastow never promised Merrill Lynch a risk-free purchase of three energy-generating barges in a 1999 call about a sale prosecutors claim was a sham, a witness said.