enron

...th century. It is clear that many institutions affiliated with the company from far or close were more incriminated by the media extension of the story than unethical practices. Very few of the actors in this sad tale admit to crimes and most of them play the victim. First we will look at the accountability of the characters within Enron. We will focus in this paper on the charges against the major individual in the Enron case, then we will analyze the institutions involve in the case and finally the accountability of the white house. The first and most covered individual involve was Mr. Jeffrey Skilling. Mr. Skilling is Enron Corp.’s former President, Chief Executive Officer and Chief Operating Officer. “On February 12th the Securities and Exchange Commission charged Jeffrey K. Skilling, with violating, and aiding and abetting violations of, the antifraud, lying to auditors, periodic reporting, books and records, and internal controls provisions of the federal securities laws” (Sec Online). The Commission tries to surface the fortune embezzled by Mr. Skilling during his fourteen years career at Enron. Mr. Skilling is accused of hiding the important Enron losses over the years. He was indicted on numerous count of fraud and faces more than three centuries in jail. According to the MSNBC, “Skilling, turned himself in to FBI agents before dawn on February 12th 2004 and was taken to the federal courthouse. He was released on $5 million bond, which he paid in cash. Mr. Skilling faces charges contained in 42-count indictment by a federal grand jury. He pleaded not guilty. If convicted on all counts, Skilling faces a maximum of 325 years in prison and $80 million in fines”. (Msnbc Online) The second key player is Richard A. Causey, Former Enron Chief Accounting Officer. As alleged, Cau...

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