Tag Archives: Kevin Howard
How The DOJ Got Luitgard Fischer
One of the most sympathetic prosecution witnesses is Luitgard Fischer, a German citizen who was a finance director in EBS. John Kroger had his sites on her, but before he could make his move and indict, she got spooked with … Continue reading
Filed under Enron Broadband Services
The Broadband Verdict
Five years ago today, the jury delivered its verdict on the initial Enron Broadband trial: some acquittals, some hung counts, and *zero* convictions. This was a disastrous outcome for the government’s Enron Task Force which had charged five defendants (Kevin … Continue reading
Filed under Enron Broadband Services
Project Braveheart Primer
Purpose of Project Braveheart Project Braveheart was a joint venture between Enron Broadband Services and Blockbuster. The goal was to use Blockbuster’s vast entertainment library to run over the Enron network – in other words, video on demand. The Project … Continue reading
Filed under Enron Broadband Services
Today In Enron History
December 22, 1961, Andrew Stuart Fastow was born in Washington DC. I’ve written extensively about my attempts to unravel the mystery that is Andy Fastow, and I’ve been deservedly chastised for attempting to see complexity where there is only deception … Continue reading
Filed under Enron
Kevin Howard – Misfiled
Did anyone else notice that the Chron’s coverage of Kevin Howard is under the heading “Enron Barge Trial”? If they’re this careless with something so basic, one must ask what else they’re getting wrong.
Filed under Enron Broadband Services
Kevin Howard Sentenced
Kevin Howard was sentenced today to one year of probation — nine months of that under home confinement — in a plea deal in which prosecutors stipulated he did not personally benefit from his crime. Via Chron: Rather than go … Continue reading
Filed under Enron Broadband Services
Kevin Howard Sentencing Today
Kevin Howard is scheduled to be sentenced today. I’ll update as soon as possible. Meanwhile, my fingers are crossed that the judge gives him the absolute minimum (four months home confinement.)
Filed under Enron Broadband Services
The Kevin Howard Case Explained
The original broadband trial involved five defendants: Joe Hirko, Rex Shelby, Scott Yeager, Michael Krautz, and Kevin Howard. The “Broadband Three” are Rex Shelby, Scott Yeager, and Joe Hirko. These guys were all involved in the technology of the company. … Continue reading
Filed under Enron
Innocence In A Time of Guilt
Enron filed for bankruptcy just after midnight on Sunday, December 2, 2001. 7 years, 5 months, and 30 days ago. In that time, the following companies have collapsed or experienced short term liquidity crises: Bear Stearns, Lehman Brothers, AIG, Merrill … Continue reading
Filed under Enron
Former Broadband CFO Pleads Guilty
Via Houston Chronicle: The former finance chief for Enron’s broadband division has pleaded guilty to one charge of falsifying books and records, rather than gamble on a jury for the third time. As part of a plea agreement, Howard will … Continue reading
Filed under Enron
Today In Enron History
Today in Enron history, in 2005, the Enron Broadband Trial began. On trial were Rex Shelby, Joe Hirko, Scott Yeager, Michael Krautz, and Kevin Howard. Michael Krautz and Kevin Howard were accused of manipulating the accounting with a transaction called … Continue reading
Filed under Enron
The Grand Unifying Theory Of The Prosecution of Enron
September 11 Changed Everything The prosecution of Enron, for our purposes today, begins on September 11, 2001. On September 11, 2001, those of us on the East Coast who witnessed firsthand the terror attacks were horrified beyond anything we had … Continue reading
Filed under Enron
Today In Enron History
March 12, 2003 was a crappy day for Kevin Howard, former chief financial officer of Enron Broadband Services. He, along with Michael Krautz, former EBS senior accounting director, were arrested. The arrest was Mr. Howard’s first taste of the DOJ’s brand … Continue reading
Filed under Enron









