Results tagged “kevinhannon”

Ah, this is what we've been waiting for: Ex-Enron executive Jeff Skilling gave us a taste of what his cross-examination might be like today when he lashed out at government prosecutors, claiming they conducted a "rewriting of history" to blame Enron's downfall on him and former Chairman Ken Lay rather than the people actually responsible. "I think they have purposely not looked at facts they should have looked at if they wanted to come to a more balanced and accurate conclusion," Skilling, Enron's former CEO, said during testimony in his and Lay's trial yesterday. more ›

Yesterday in the Lay/Skilling trial, defense lawyers hit witness Kevin Hannon right where it hurt: in the funny bone. Hannon, the former CEO of Enron Broadband Services, testified Thursday that ex-Enron CEO Jeff Skilling told executives during a May 2001 meeting, "They're on to us," referring to a Wall Street investment firm questioning Enron's earnings. On Monday, Skilling lawyer Mark Holscher asked Hannon whether Skilling might not have made the statement sarcastically: "Anything's possible," Hannon... more ›

The latest witness in the Lay/Skilling trial testified that ex-Enron CEO Jeff Skilling told a group of top Enron executives, "They're on to us," referring to Wall Street analysts who asked questions about the company's earnings, the value of its Internet division and the stability of its trading arm. The comment came during a May 2001 meeting that former Enron Broadband Services CEO Kevin Hannon told jurors about Thursday: He said Skilling, [ex-Enron Chairman] Ken... more ›