SEC hails Enron verdict
Conviction of Enron execs a victory for the American public, claims regulator
Conviction of Enron execs a victory for the American public, claims regulator
The head of the US financial regulator has hailed the conviction of former
Enron executives Kenneth Lay and Jeffrey Skilling as ‘a victory for the
shareholders and employees of Enron, and the American public’.
SEC chairman Christopher Cox applauded the work of the Department of Justice,
the Enron task force, the FBI and the trail team for obtaining guilty verdicts
on 26 of the 34 charges of conspiracy and fraud laid against the former chairman
and chief executive of the collapsed energy giant.
‘The verdict makes clear that high-level corporate executives who deceive the
investing public for personal gain will be held fully accountable,’ said Cox.
‘The result in the Enron criminal trial is a victory for all Americans, whose
jobs and economic security depend on the integrity of our capital markets.’
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article