February consumer confidence slips as job prospects falter
The Conference Board's index fell to 101.7 in February from 106.8 in January, signaling waning optimism about near term job prospects. Present conditions remain at a four and a half year high, suggesting 2006 may start better than late 2005 despite the drop.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Lynn Franco
Conference Board Consumer Research Center
Franco
Federal Reserve
U.S
Former Enron executive says rules were kept loose
Houston testimony shows David Delainey, former chief of Enron North America, describing a culture of “pretty fast and loose with our rules” to meet earnings targets under Jeffrey Skilling. He testified about raids on reserves to boost profits, while noting no direct orders to break the law. Delainey pleaded guilty in October 2003 to insider trading.
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Houston
Enron Corp
Jeffrey Skilling
Enron
David Delainey
Skilling
Kenneth Lay
Delainey
Kathryn Ruemmier
Wall Street
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