... Enron-Andersen Timeline Updated May 31, 2005 11:59 pm ET 28: Former top accountant Richard Causey pleads guilty to securities fraud and agrees to help pursue convictions against Enron founder Kenneth Lay and former CEO Jeffrey Skilling. All rights reserved. Duncan in April agreed to plead guilty to one count of obstruction of justice and admitted to destroying documents in an attempt to thwart the government's investigation. On cross-examination, Andersen's lead attorney Rusty Hardin ridiculed the SEC's relationship with the newspaper.

Newkirk on Tuesday described Andersen's prior entanglements with the SEC and pointed to the firm's probationary status with the Commission. On the same day, Oct. 16, Enron said it would take a $1.2 billion writedown against the company's value. © 2018 Fastow is credited as the mastermind behind Enron's complex web of partnerships that eventually led to the company's collapse. Winds are at 52 knots, with waves ten feet in height. "The shredder at Andersen's office at the Enron building was used virtually constantly and, to handle the overload, dozens of large trunks filled with Enron documents were sent [to] Andersen's main Houston office to be shredded," the March indictment against Andersen says.

The SEC did not send a letter to Enron requesting more information until Oct. 17, Barasch said. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Cable News Network. 7:00 AM Weather report from the Fitzgerald. All rights reserved. Disclaimer. Judge Harmon is expected to deliver her ruling Thursday morning. Spencer Barasch, the Securities and Exchange Commission's associate district administrator, said Wednesday that a "Where are the drafts of that letter?" Houston-based Enron, which filed the largest bankruptcy in U.S. history on Dec. 2, allegedly used thousands of off-the-book partnerships to hide nearly $1 billion in debt and inflate profits. 2: Enron goes bankrupt, thousands of workers laid off.March: Former Enron auditor Arthur Andersen LLP indicted for destroying Enron-related documents to thwart investigators.August: Former top Fastow aide Michael Kopper pleads guilty to money laundering and conspiracy, the first ex-Enron executive to strike a deal with prosecutors. ©2020 FOX News Network, LLC. CHICAGO, Aug, 31, 2002 — -- After 89 years in business, Arthur Andersen LLP on Saturday ended its role as auditor of public companies. Duncan had been expected to take the stand Wednesday but his testimony got bumped, he said. Fastow ousted.November: Enron files documents with SEC revising its financial statements for previous five years to account for $586 million in losses.Dec. Factset: FactSet Research Systems Inc. 2018. All market data delayed 20 minutes. All rights reserved. All times are ET. Hecker is one of the people Enron executive Sherron Watkins, the whistleblower that wrote an August letter warning former CEO Kenneth Lay about accounting problems at the company, turned to last year and voiced her concerns. The Texas attorney also hammered away at the agency's failure to notify Andersen. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Barasch's testimony Wednesday morning followed another government witness, Thomas Newkirk, the SEC's associate director of enforcement. The Chicago-based company was convicted in … …

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