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Enron chiefs defend limited knowledge before Congress
In a sharp congressional hearing, former Enron leaders Kenneth Lay and Jeffrey Skilling argued they did not know the full scope of complex deals that fueled more than a billion dollars in profits. Legal and financial experts doubt their accounts, noting large losses and risky off balance sheet structures.
MENTIONED IN THIS ARTICLE
Washington
Kenneth Lay
Jeffrey Skilling
Enron
Lay
Skilling
Congress
Capitol Hill
John O. Whitney
Columbia Business School
Senate
Sherron Watkins
Watkins
Andrew Ward
Emory University
Goizueta Business School
New York
Marvin Pickholz
University of Chicago
Roman Weil