Former Enron chairman Kenneth Lay has blamed his finance officer Andrew
Fastow entirely for the fraud that brought down the energy giant in 2001.
Speaking at a business lunch in Houston just a month before his own trial,
Lay said his trust in Fastow was entirely misplaced and that he bitterly
Lay faces seven conspiracy and fraud charges concerning the collapse of the
company with multibillion-dollar debts, but has always protested his innocence.
Fastow pleaded guilty to similar criminal charges last year and is expected
to testify against Lay at his trial.
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens
Team Rock the publication of classic rock is in administration with FRP Advisory
Lifestyle Living UK is being marketed for sale by FRP Advisory administrators