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Chairmen plead ignorance in Enron and Global Crossing cases
Washington AP reports that Kenneth Lay of Enron and Gary Winnick of Global Crossing claim ignorance of looming troubles as they sold millions in stock. Critics question the duties of chairmen, while lawmakers cite contrasting evidence and early warnings in the 2001 collapses.
MENTIONED IN THIS ARTICLE
Washington
Kenneth Lay
Enron Corp
Global Crossing Ltd
Gary Winnick
Robert Webb
University of Virginia
McIntire
Microsoft
Bill Gates
Webb
David Skeel Jr
University of Pennsylvania
Skeel
Billy Tauzin
R-La
House Energy and Commerce Committee
Winnick
Tauzin
Lay
Jeffrey Skilling
Enron
Skilling
Congress
William C. Powers
University of Texas Law School
Global Crossing
Thomas Casey
James Greenwood
R-Pa
House
Greenwood