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| _________::::____#119 - February 14, 2006________________ |
| #119 Updated: 2/14/06 8:06 a.m. 02/14/06 Enron Defense Points Finger at Fastow Jurors also hear an audiotape in which Kenneth Lay asserts, ''Andy has been doing an outstanding job as CFO.'' 02/14/06 Katrina Debit Cards Made for Accounting Disaster Accounting problems, fund mismanagement and outright fraud all played a role in how the first $85 billion in Hurricane Katrina disaster aid was spent, according to reports from the Government Accountability Office and the Homeland Security Department. 02/14/06 Morgan Stanley offers $15 million fine for e-mails U.S. investment bank Morgan Stanley (MS.N: Quote, Profile, Research) has offered to pay $15 million to resolve an investigation by U.S. regulators into its failure to retain e-mails, according to a regulatory filing. 02/13/06 Next witness was once close friend to Skilling Last year, Jeff Skilling tried to watch the testimony of his pal and protégé Ken Rice at the trial of former Enron Broadband Services executives, only to be ejected by court officials. 02/13/06 SEC OKs Internal-Control Audit Standard The rule sets up a voluntary audit engagement in which an auditor would opine between quarters on whether a client's material weakness still exists. 02/13/06 Study: Poor Governance Means Poor Performance Companies with the poorest earnings quality and corporate governance underperformed the S&P 500 Index by 11 percent in 2005, according to a study by independent risk research firm RateFinancials Inc. |
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