Tom Kirkendall has the definitive post on the failure of the U.S. Attorney’s office to criminalize complex corporate finance transactions for being conducted by employees of an entity that was a subsidiary of another entity associated with fraudulent accounting. The jury deadlocked on several counts, and there’s a threatened retrial. The original trial took three months and featured some scandalous prosecutorial practices.
No convictions in Enron Broadband trial
Tom Kirkendall has the definitive post on the failure of the U.S. Attorney’s office to criminalize complex corporate finance transactions for being conducted by employees of an entity that was a subsidiary of another entity associated with fraudulent accounting. The jury deadlocked on several counts, and there’s a threatened retrial. The original trial took three […]
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