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John Taylor Skilling Dead: 5 Facts About Enron President Jeffrey Skilling's Son
John Taylor "J.T." Skilling, a son of former Enron President Jeffrey Skilling, was found dead in his California apartment, authorities say. The Orange County Coroner's Office has said there is no evidence of foul play. A full report is forthcoming. Surge Desk has five facts on the young man whose father's name has become...
Opinion: Corporate Secrecy, Meet WikiLeaks
(Dec. 13) -- Much has been said about the impact WikiLeaks will have in reshaping how governments and corporations think about safeguarding information. But the simplest way to sum up global sentiment might be "shattering." As in, shattering to the concept that information can remain secure or confidential. Shattering to...
FDIC Probing 50 Banks, but Still No Fall Guy for Financial Crisis
(Nov. 17) -- Remember the savings-and-loan crisis? Charles Keating was the high-profile villain and served four years in prison for fraud. Five senators -- the so-called Keating Five, which included John McCain -- were scolded by the Senate Ethics Committee. Enron also produced some easily identifiable bad guys, most...
Opinion: SEC Gets It Right on New Investor Rules
(Sept. 2) -- You may think the topic of "proxy access" has nothing to do with you, if you've even heard of the term. But if you own stock, directly or through mutual funds, want to retire someday or want to keep your job, you'd be wrong ... way wrong. The topic and recently announced changes in Securities and Exchange...
With Court Ruling, Will Jeffrey Skilling Get Out of Jail?
(June 24) -- Will Enron ex-CEO Jeffrey Skilling get out of jail? The Supreme Court ruled today on several aspects of Skilling's conviction, leaving him a path to a new trial on all counts, but not a certain one. The court rejected Skilling's guaranteed passage to a new trial by ruling 6-3 that his jury was fair and not...
Background on enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world's leading electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years.
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