Monthly Archives: January 2010

Transcript of October 14, 2001 Enron Analyst Conference Call

This is a transcript of the October 14, 2001 Enron analyst conference call. There was a cute story about this call. Jeff Skilling had resigned as CEO of Enron Corporation, and was in Fredricksburg, Texas with his brother on vacation. … Continue reading

2 Comments

Filed under Enron

EnronOnline Management Report

What we have here is an Enron Online Management Report from July 17-27, 2001. Bliss yourself out. EnronOnlineManagementReport

Leave a Comment

Filed under Enron Broadband Services

Sherron Watkins Presentation On Enron

In 2007, Sherron Watkins was still making a go of her company which presumed to tell other companies how to be ethical. This, coming from an admitted insider trader. Anyway, I got my hands on one of her presentations, and … Continue reading

3 Comments

Filed under Enron

Transcript of Rick Causey Sentencing

This is truly a fascinating document. While pleading guilty, Rick Causey’s attorney makes the point that Causey believed he was following GAAP and acting ethically. I support Rick Causey; he is not guilty. Not under any interpretation of the law, … Continue reading

Leave a Comment

Filed under Enron

DOJ Replies To Skilling’s Brief

Check out Kirkendall’s post on the DOJ’s response to Jeff Skilling’s appeal to the Supreme Court. Color me amazed that the DOJ is basically confining it’s case to statements made regarding Enron Broadband Services and Enron Energy Services. It couldn’t … Continue reading

Leave a Comment

Filed under Enron

The Nature of Insider Trading At Enron

Almost every executive accused of crimes was accused of insider trading; it was like a tax for working there. Prosecutors believed it was an easy allegation to make; executives, by virtue of their position, do have insider information, and many … Continue reading

1 Comment

Filed under Enron

Today In Enron History

January 23, 2002, Dr. Ken Lay resigned as CEO from Enron Corporation. He had been CEO since 1986, except for the six months in 2001 when he was Chairman and Jeff Skilling was CEO. Dr. Lay’s resignation came when he … Continue reading

Leave a Comment

Filed under Enron

Ken Rice at the 2000 Analyst Conference

According to this document in the Official Record of the Broadband Trial, Ken Rice had fifteen meetings with the FBI: It is not difficult to see how during the course of fifteen meetings with various federal agents, one can start … Continue reading

Leave a Comment

Filed under Enron Broadband Services

Great Moments In The EBS Trial

Oh no, I have a new Enron crush! His name is Ellis Giles. He was one of Rex Shelby’s guys at Modulus who later moved to EBS with the core group. He was, and is, a very brilliant and extremely … Continue reading

2 Comments

Filed under Enron Broadband Services

Bill Collins’ Employee Evaluation

I spoke to one of Collins’ former bosses at Enron today and this is what he had to say about Collins: We all knew he was nutty… every day was some new crazy thing with him. The highest maintenance employee … Continue reading

4 Comments

Filed under Enron Broadband Services

Rex Can Has

2 Comments

Filed under Enron Broadband Services

January 20 2000 Stock Prices By Hour

Leave a Comment

Filed under Enron

Today In Enron History

January 21, 2000 was Rex Shelby’s first-ever stock trade. Shelby had always avoided the stock market. When, through a weird series of circumstances, he ended up with Enron stock options, he simply got rid of them at the first responsible … Continue reading

Leave a Comment

Filed under Enron Broadband Services

The Book

This is “the book”, the final version of the hand-out that went to analysts at the 2000 conference. [PDF]

2 Comments

Filed under Enron Broadband Services

Bill Collins’ Regret

I’ve described Bill Collins before, and indeed even described this letter. This is part of a letter that Bill Collins sent to Ken Rice. Collins had sold stock right before the analyst conference, and when he saw how the stock … Continue reading

6 Comments

Filed under Enron Broadband Services