Republic Engin eered Products names new CFO
Republic Engineered Products Inc. announced the appointment of George E. Strickler as executive vice president and chief financial officer. Strickler, 56, comes from BorgWarner in Chicago where he served as EVP and CFO, and previously spent 30 years in finance at Goodyear. He replaces Joseph Kaczka as CFO while Kaczka remains controller and VP of finance.
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Former Enron CEO Skilling Indicted in Fraud Case
Former Enron chief executive Jeffrey Skilling surrendered and pleaded innocent to more than thirty federal charges tied to the company's collapse. Co-defendant Richard Causey faces parallel counts. prosecutors seek up to 325 years in prison and over 80 million in fines if convicted on all counts. Skilling's bond is set at five million, with another court date scheduled for March 11.
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Enron indictments reach 28 with Skilling charged
The indictment of former Enron chief executive Jeffrey Skilling on Thursday marks the 28th person charged in the Justice Department probe that began with its Jan 9 2002 confirmation. Skilling faces 35 counts of fraud and related crimes as the highest ranking Enron executive charged.
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Issue thrown out in Stewart trial
A federal judge barred prosecutors from showing jurors how Martha Stewart sought reimbursement for haircuts coffee and other modest expenses in the ImClone insider trading case The judge noted the evidence could lead the trial down other paths and would not permit it before the jury The testimony from Martha Stewart Living Omnimedia CFO James Follo indicated disputed reimbursement items including hair styling travel and snacks The government argues Stewart was tipped about ImClone and sold stock before a negative government decision but did not allege direct tipping by Sam Waksal
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Billionaire Phil Anschutz to buy San Francisco Examiner
Billionaire Phil Anschutz, founder of Qwest Communications, agreed to purchase the San Francisco Examiner from the Fang family for about 20 million dollars. The deal includes The Independent and Grant Printing Co, with McKibben to remain president and publisher, and Starzel named chairman of the SF Newspaper Co.
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