Results tagged “montgomeryburns”

Former Enron Treasurer Ben Glisan Jr. continued his testimony in the Ken Lay/Jeff Skilling trial yesterday, telling jurors about more cases in which the ex-Enron chairman and CEO misled investors and analysts about the company's faltering health in the months leading up to its collapse. Glisan's testimony could do a lot to undermine Lay and Skilling's defense, which is built on the notion that the company imploded because of a "run on the bank" after news came out of former CFO Andy Fastow's crooked ways. more ›