"The immediate cause of the high fees in Enron is the number of professional firms hired to work on the case," said LoPucki, author of a book on problems with the bankruptcy system.
Michael J. Missal, a legal adviser to the bankruptcy examiner in the WorldCom Inc. case, attributed some of the high fees to unwinding sophisticated business partnerships Enron used to conceal debt and pump up earnings. |
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Joan Brunwasser is a co-founder of Citizens for Election Reform (CER) which since 2005 existed for the sole purpose of raising the public awareness of the critical need for election reform. Our goal: to restore fair, accurate, transparent, secure elections where votes are cast in private and counted in public. Because the problems with electronic (computerized) voting systems include a lack of (more...)