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Prosecutor Says Lay Ignored Several Employees' Warnings

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Enron Corp. founder Kenneth Lay ignored employees' concerns about accounting integrity in the weeks before the company collapsed in 2001, a prosecutor sought to show Monday. On the third day of cross-examination in his federal fraud and conspiracy trial, Mr. Lay again flashed his temper to prosecutor John Hueston...Mr. Lay was confronted with emails and survey responses from October 2001 in which employees raised questions about accounting "trickery" and Enron's business ethics. One veteran Enron employee said, "I've lost all respect for Enron senior management" and suggested it was criminal for Enron executives to exercise stock options when they knew accounting tricks were being used to manipulate earnings. [Notice a Repug pattern? Bush flashes his temper when confronted head-on with his lies.]
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Doug Thompson published his first story and photo at age 11 -- a newspaper article about racism and the Klan in Prince Edward County, VA, in 1958. From that point on, he decided to become a newspaperman and did just that -- reporting news and (more...)
 

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