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Enron
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Latest Headlines
Corzine's trades way too risky in Sarbox era
The testimony of Jon Corzine before a congressional panel coincided loosely with the tenth anniversary of the bankruptcy of Enron, which resulted in the passage of Sarbanes-Oxley.
In the eyes of some, these events are more than loosely connected. A CNBC columnist has taken Corzine to task,
Enron, a decade later
It's been 10 years since Enron filed for bankruptcy--and people are still talking about it.
The opinions are still passionately held. Many of the true faithful still defend the company at every turn. Some are even staging reunions . Others, including lots of former employees, still
Corzine's reach in politics was long
When Jon Corzine was hired to head MF Global, he was greeted like a rock star.
The board was ecstatic to get a former Goldman Sachs CEO and political power, albeit one who had just lost a New Jersey gubernatorial election. He was seen as a man with connections at all levels, who could indeed t
All eyes on the Raj Rajaratnam sentencing
The upcoming sentencing of Raj Rajaratnam, the convicted insider trading mastermind, has spawned a lot of debate about the seriousness of insider trading.
Some are convinced that it is essentially a victimless crime and that Rajaratnam thus deserves a light sentence. Others agree with prosecut
How Sarbanes-Oxley can help the green IT movement
The green movement has captured the imagination of many corporate executives. It seems more of an infatuation right now in many cases. But there are some tangible examples of green ideas dovetailing
Fees from Lehman bankruptcy mount
In its death, Lehman Brothers has proven to be an amazing cash cow for one group: lawyers. The fees have been massive in the United States and the United Kingdom. The fees charged to the U.S. estate will top $1 billion this month, the Financial Times reports. In London, fees are estimated
Will Supreme Court ruling set Jeff Skilling free?
He's not out of jail yet. But the Supreme Court has seemingly handed a victory to Jeff Skilling, the former CEO of Enron ( Enron news), the man most responsible for the Sarbanes-Oxley Act of 2002 (
Jeff Skilling to walk?
One could argue the whole GRC movement began with Sarbanes-Oxley. And if there's one guy who symbolizes all that the still-controversial 2002 law represents, it's Jeff Skilling. The CEO of Enron
Who is John Arnold?
John Arnold is one of those billionaires you don't hear much about. He never really sought a lot of glory and attention. But he's getting lots now. He was recently asked to appear in front of a Congressional committee. His Houston-based hedge fund, Centaurus Energy, which manages more than $5 bill
Thirty years of spreadsheets
PC Magazine notes that 2009 marks the 30th anniversary of the spreadsheet. It certainly empowered a lot of financial and accounting types, giving them unprecedented calculating power and thus
