Results tagged “seanberkowitz”

Last month, ex-Enron chief Ken Lay's lawyers began making moves toward having Lay's conviction on charges of fraud and conspiracy vacated, and government prosecutors indicated they would put up a fight. Well, turns out the government wasn't just whistling Dixie: In a court filing yesterday, prosecutors asked U.S. District Judge Sim Lake to hold off on ruling about the vacation until Congress can consider changing the law. more ›

Prosecutors in the Enron trial wrapped up their closing arguments Wednesday, hitting more highlights of 15 weeks of testimony and urging jurors to decide the case against former Enron Chairman Ken Lay and ex-CEO Jeff Skilling as a "black and white" matter. more ›

Today's Chronicle has more on Lucky Strike, the upscale "bowling lounge" that recently signed on as a tenant in the proposed Houston Pavilions complex downtown. Houstonist has long been a fan of Palace Lanes, so we were interested to hear how Lucky Strike will stack up: Unlike tenpin alleys of the past, Lucky Strike allows people to sip martinis on elegant modern couches. In fact, Lucky Strike calls itself a bowling lounge, not a bowling... more ›

Ex-Enron CEO Jeff Skilling finished his eight days of testimony in his own trial yesterday, saying his experience since Enron started its downward slide has made him wish he never ran the company, which was the seventh largest in the nation before it collapsed. "It's been a tough six years, it's been a really hard six years," he told reporters Thursday. more ›

Prosecutor Sean Berkowitz abruptly ended cross-examination of former Enron CEO Jeff Skilling yesterday after asking Skilling whether he didn't leave Enron in August 2001 because he wanted to become CEO of Lucent Technologies. Skilling has given several reasons for leaving the company, mainly related to Enron burnout and wanting to spend more time with his family, but prosecutors claim he resigned because he knew Enron was headed for collapse. more ›

In his second day of cross-examination, former Enron CEO Jeff Skilling lost his cool at times Tuesday, even seeming to try to take control of the questioning from prosecutor Sean Berkowitz. Skilling lashed out at Berkowitz when Berkowitz was pressing him on the allegation that Enron execs used the company's reserves like a "cookie jar" to make Enron look more profitable. Skilling said the reserves weren't used in that way: "It's not only no —... more ›

Former Enron CEO Jeff Skilling began testimony under cross-examination yesterday, quickly finding that prosecutor Sean Berkowitz wasn't going to give him much latitutde. Berkowitz seemed very well-versed in Skilling's deals at Enron, pressing the former executive on details of his deals and side deals and trying to unravel the defense's portrayal of Skilling as a regular ol' good guy who is unfairly burdened by false accusations. more ›

Two witnesses in the Ken Lay/Jeff Skilling trial Monday testified that the failing company often scrambled to find money to help it meet its earnings forecasts — once even stumbling across millions of dollars in a box. If only Houstonist had such luck. more ›