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Enron exec says Lay duped by insiders and intimidated
Enron vice president Sherron Watkins testified that partnerships were used to hide debt and inflate profits, and that chairman Kenneth Lay was duped while others intimidated into silence. She said a dozen executives knew the improprieties, with Fastow and Skilling central, and that Lay failed to grasp the crisis.
MENTIONED IN THIS ARTICLE
Washington
Enron
Sherron Watkins
Kenneth Lay
Watkins
Lay
Andrew Fastow
House Energy and Commerce Investigations
Capitol Hill
Rep
Billy Tauzin
R-La
Kelly Kimberly
Jeffrey Skilling
Skilling
Fastow
Skilling and
Arthur Andersen
Ken Lay