Showdown at the Enron Trial ; Ex-Cfo Testifies That His Boss Endorsed Financial Deceptions
The Record, Bergen County, NJ › March 08, 2006
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Summary
HOUSTON Former Enron Corp. Chief Financial Officer Andrew Fastow testified Tuesday that he crafted and ran partnerships to help the company hide losses and inflate profits with the blessing of his boss, Jeffrey Skilling.
Fastow appeared contrite in his much-anticipated courtroom confrontation with Skilling and Enron founder Kenneth Lay, who are on trial for fraud and conspiracy stemming from the energy company's spectacular 2001 collapse.See the full content of this document
Extract
Showdown at the Enron Trial ; Ex-Cfo Testifies That His Boss Endorsed Financial Deceptions
But he portrayed himself as a cog in a corrupt machine, with Skilling telling him, "Get me as much of that juice as you can," regarding the partnerships.
Fastow, 44, also fought back tears as he tol...See the full content of this document
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