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| _________::::____#174 - May 5, 2006________________ |
| #174 Updated: 5/4/06 8:48 p.m. 05/04/06 Ex-Enron broadband executives get 2d trial The first of three retrials of five former Enron Corp. broadband executives began yesterday with a prosecutor telling the jury it was about fraud and deception. The defense insisted no crimes were committed. 05/04/06 Lay Was Forced to Sell Stock Due to Margin Calls, Expert Says Lay Was Forced to Sell Stock Due to Margin Calls, Expert Says 05/04/06 Enron's Causey Won't Testify as Prosecutors' Confidence Grows U.S. prosecutors won't call former Enron Corp. Chief Accounting Officer Richard Causey to testify against Kenneth Lay and Jeffrey Skilling because of growing confidence in convicting the two men, legal experts said. 05/04/06 Michigan Attorney General Mike Cox: Former State Employee Sentenced to Prison for Embezzling State Funds Attorney General Mike Cox announced today the sentencing of 39-year-old Charles Andrus Byam, Jr. of Lansing, Michigan, a former employee of the Michigan Department of Environmental Quality (MDEQ), on 3 counts of Embezzlement in Excess of $20,000 for stealing $181,061.98 while employed by the MDEQ. 05/04/06 California Chiropractor and Legal Assistant Plead No Contest to Fraud An Encino, Calif., chiropractor Nasrin "Nancy" Hadizadeh Fathi, 43, and legal assistant Behrouz Beck Saffary, 51, have pled no contest and were found guilty of one count each of insurance fraud, the California Department of Insurance reported. 05/04/06 The People Who Count With too few accountants to go around, companies are grabbing people wherever they can find them. 05/04/06 SEC Chief Accountant Defends 404 Admits SEC's cost estimates were "way off," but says companies are likely testing too many controls. He also says the concept of different rules for smaller companies is "difficult." |