Posted on 12/12/2001 9:11:09 PM PST by liberallarry
| Latest News | |
SEC seeks court order for former Enron CFO Dec 12 2001 The US Securities and Exchange Commission lost patience with Andrew Fastow, Enron's former chief financial officer, after he failed to appear to testify about the energy trader's collapse. more Andersen admits to errors in Enron audit Dec 12 2001 Andersen's chief executive admitted for the first time that the "Big Five" accounting firm had erred in Enron's accounts, but claimed the company had withheld crucial information. more Enron blames its demise on fall in investor confidence Dec 12 2001 Enron blamed a collapse in investor confidence for the energy trader's demise and laid out a plan - including $4bn-$6bn of asset sales - to emerge from bankruptcy within a year. more JP Morgan files $2.1bn suit against Enron Dec 12 2001 Senior US lawmakers on Tuesday signalled their determination to bring Enron executives before Congress, following their refusal to appear at the first hearing into the company's collapse, to be held on Wednesday in Washington. more Investor jitters hit El Paso Dec 12 2001 Investor concern over accounting practices in the wake of the Enron collapse hit another US energy company on Tuesday, sending shares in El Paso, the oil and natural gas pipeline operator lower. more Enron affair fails to dent political ambition Dec 12 2001 One company - Enron - cast a small shadow over the lavish birthday celebrations of Sharad Pawar, the man who ushered the now-bankrupt Houston-based energy trader into India in the early 1990s. more AEP buys Enron's coal trading operations Dec 12 2001 AEP, the large US energy group is understood to have bought Enron's European-based international coal trading operations in a deal which is thought have cost $25m-$30m including substantial sums paid to keep former Enron traders. more A poor retirement Dec 11 2001 The broadest impact of Enron's demise is likely to be felt by millions of working Americans who hold defined-contribution retirement savings accounts, called 401(k)s after the paragraph of the US tax code that brought them into being in the early 1980s. more Banks set offers for Enron energy trading unit Dec 10 2001 Citigroup and UBS Warburg, the investment banks, are preparing to submit rival offers to take control of the energy trading operations of Enron, the bankrupt US energy group. more Ratings agencies to review policy Dec 10 2001 As investors grapple with the implications of Enron's bankruptcy, credit ratings agencies have signalled a change of practice, indicating that they will now pay greater attention to the complexities of corporate financial structures. more Enron gloom runs deep in the heart of Texas Dec 10 2001 Kelly Summers was too distraught to go to the first "pink-slip" party for Enron's 4,200 US employees, who were laid off after the energy trader collapsed into bankruptcy. more |
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| Letters | |
Letters from Representatives Billy Tauzin and James Greenwood to Kenneth Lay and Andrew Fastow Dec 11 2001 As part of the Committee's investigation, and pursuant to Rules X and XI of the U.S. House of Representatives, please provide the Committee with the following records by December 17, 2001: more Reply from Harvey Pitt, SEC chairman, to Rep. John Dingell Dec 6 2001 Thank you for your letter of December 5th concerning my October 22, 2001, speech before the AICPA Governing Council. Because of the seriousness of your concerns, I wanted to reply as quickly as possible. more Enclosure: Enron Accounting Questions from Rep. Dingell Dec 6 2001 Enron Corp. set up a complex web of off balance sheet special purpose entities. What was the underlying business purpose and substance of each of these entities and of Enron's transactions with them? more Letter from Rep. John Dingell to Harvey Pitt, SEC chairman Dec 6 2001 On October 22, 2001, in your first speech as chairman of the Securities and Exchange Commission, you observed to an audience of accountants that the SEC "has not, of late, always been a kinder and gentler place for accountants." After noting your representation of the AICPA and each of the Big Five accounting firms for the past two decades, you lamented that "somewhere along the way, accountants became afraid to talk to the SEC, and the SEC appeared to be unwilling to listen to the profession," and you vowed that "those days are ended." more |
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| Bankruptcy proceedings | |
'American success story' forced to trade for its life in courtroom Dec 4 2001 Room 523 of the United States Bankruptcy Court in downtown Manhattan is the closest Enron gets these days to a grand public arena for its achievements. more |
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| Efforts begin to unwind complex web Dec 3 2001 Unravelling the Enron bankruptcy could take years, according to insolvency experts. more |
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| Case to call on a wealth of experience Dec 3 2001 The Enron case brings together two of the most experienced restructuring specialists in the US - the Blackstone Group on the financial side and Weil Gotshal & Manges on the legal side. more |
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| The legal web | |
Unfolding of Enron suit set to delight lawyers Dec 3 2001 Enron's $10bn lawsuit against Dynegy may seem an opportunistic attempt by an embattled company to avert disaster by suing its rival. But lawyers versed in the history of recent court decisions over broken merger agreements say the litigation should not be lightly dismissed. more |
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| Fallout from Enron's collapse: Who's exposed? | |
JP Morgan Chase to face greater fallout from Enron Dec 1 2001 JP Morgan Chase, a lender and adviser to Enron, could face greater fallout from the energy company's collapse than first thought. more Enron collapse 'set to cripple shipping groups' Nov 30 2001 Pierre Aury, Enron's shipping director, warned that many shipping companies could be forced into bankruptcy because of the energy trading group's failure to honour its contracts. more Wessex Water moves to reassure its customers Nov 30 2001 Colin Skellett, chief executive of Wessex Water, moved to reassure 2.4m west of England customers that the company would continue to operate even if Enron, its majority shareholder, failed. more Energy groups say exposure was limited Nov 29 2001 Global energy companies rushed to distance themselves from any fall-out over Enron's problems. Most had been poring over their potential contract liabilities for several weeks. As a result, trading with Enron had been restricted to limiting any exposure. more |
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Table: Companies with exposure to Enron |
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| How Enron fell | |
DPC completes sacking of remaining employees Dec 6 2001 Big Five make rare show of solidarity Dec 5 2001 Administrators sell Enron Direct to Centrica Dec 3 2001 BoJ bolsters banking system after Enron collapse Dec 3 2001 Enron lays off 4,000 as fallout spreads Dec 3 2001 Enron ceases delivery in mainland Europe Nov 30 2001 Enron faces bankruptcy as rescue bid unravels Nov 29 2001 SEC filing triggered merger crisis Nov 29 2001 S&P downgrades Enron debt to junk status Nov 28 2001 Dynegy reviews terms of $9bn Enron rescue Nov 26 2001 Fears mount over $9.8bn Enron rescue bid Nov 19 2001 Enron may face further $1.25bn liabilities Nov 14 2001 Dynegy agrees $7.8bn deal to rescue Enron Nov 9 2001 Dynegy talks confirmed as Enron restates results Nov 7 2001 Enron secures $1bn loan to help credit rating Oct 31 2001 Moody's cuts Enron rating to close to junk Oct 29 2001 Enron under fire from analysts over SEC probe Oct 22 2001 Analysts vent anger at 'hidden' Enron charge Oct 18 2001 Enron map: Global assets |
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| Comment and analysis | |
Auditors on trial Dec 12 2001 Lex: Enron Dec 12 2001 A poor retirement Dec 11 2001 John Kay: A watchful eye Dec 11 2001 Auditing Enron Dec 5 2001 Lex: Centrica Dec 5 2001 Lex: Enron Dec 1 2001 Lex: Enron Nov 30 2001 The decline and fall of Enron Nov 30 2001 Lex: Enron Nov 12 2001 A victim of its opacity Nov 11 2001 Lex: Enron/ratings agencies Nov 11 2001 Lex: Dynegy Nov 9 2001 Lex: Enron Nov 2 2001 Lex: Enron Oct 25 2001 |
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| People | |
Dossier: Kenneth Lay, Chairman & CEO, Enron |
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| Web resources | |
Enron: FAQ Enron: Press room Enron statement: Q3 earnings |
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more from FT.com Back to FT.com's energy & utilities page |
Know some people that might find the list useful!
Just go to the source (one extra step) for the middle links.
Rdavis84, wrt your earlier question about auditors, you may want to take a look at Dingell's letter to the SEC. It's the best detailed analysis I've seen to date regarding potential auditor misconduct.
You are a liberal who contributes both $'s to Free Republic and great threads like this, we need more "liberals" like you on Free Republic! Thanks again for this work of labor!
Ernest, thanks for the ping!
This subject will be front-page news for quite awhile. It's going to be hard to keep track of things. I'll try to post updates.
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