According to reports on the BBC Fastow’s wife Lea, who worked in the finance department of Enron, has also agreed a guilty plea.
Reports over the past few weeks have suggested Fastow was seeking to agree a 10-year jail term for himself in return for his wife only having to serve only a few months.
The new pleas are expected to be entered some time this week, according to Reuters and would come as part of efforts to persuade Fastow to help investigators delving into the financial collapse of enron.
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements
Charles Tilley's departure from CIMA leaves the accounting world quieter, but his institute with an exciting foundation