Enron: A pattern of abuses?

WASHINGTON, March 19 (UPI) -- The year 1987 for Enron Corp. bears a striking similarity to 2001: excruciating financial problems and a horrendous scandal. Kenneth Lay, the embattled chairman, pulled it out in 1987, but Enron's survival doesn't look as good in 2002. Now investigators a
NICHOLAS M. HORROCK, Chief White House Correspondent

Of Human Interest: News-lite

THEY HAD IT THEIR WAY Eight supporters of People for the Ethical Treatment of Animals, better known as PETA, stood outside a Burger King in sunny Miami Beach Monday handing out Veggie Burgers.
PENNY NELSON BARTHOLOMEW, United Press International

'Business 2.0' out with dumb biz moments

WASHINGTON, March 18 (UPI) -- If three times makes a tradition, then "Business 2.0" magazine is almost there with its second annual, and already popular, list of the "101 Dumbest Moments in Business" including in this latest list everything from the Enron debacle to the demise of the
T.K.MALOY, UPI Deputy Business Editor

Bush pushes corporate responsibility

WASHINGTON, March 7 (UPI) -- President Bush proposed new rules Thursday to protect investors against business collapses like that of Enron Corp., including for the first time, federal regulation of accounting firms and a law that would punish executives who abuse their powers by barr
NICHOLAS M. HORROCK, Chief White House Correspondent

The Bear's Lair: Do we need governance?

WASHINGTON, March 4 (UPI) -- Corporate governance -- the establishment of appropriate norms for the way corporations are governed, including independent directors and audit committees -- is
MARTIN HUTCHINSON, Business and Economics Editor

Is Skilling Enron's Ollie North?

WASHINGTON, Feb. 27 (UPI) -- Commentary: There were no white hats, no heroes at Enron. Like many "growth companies" of the 1990s, its ethical and corporate governance standards left a great deal to be desired.
MARTIN HUTCHINSON, UPI Business and Economics Editor

Senators slam Skilling over Enron collapse

WASHINGTON, Feb. 26 (UPI) -- Former Enron CEO Jeffrey Skilling stood his ground before a Senate panel Tuesday, refuting testimony from other witnesses that he had misled Enron's chairman Kenneth Lay, ignored early warnings of difficulties or sold large amounts of stock to avoid the c
NICHOLAS M. HORROCK, UPI Chief White House Correspondent

What U.S. newspapers are saying

U.S. newspaper editorial comment on issues of international interest.

Enron whistleblower warned CEO mid-2001

WASHINGTON, Feb. 14 (UPI) -- An accountant at bankrupt Enron Corp. made clear Thursday that she had alerted the company's chief executive officer about the firm's questionable accounting practices as early as last August.

Executive Business Briefing

WASHINGTON, Feb. 11 (UPI) -- Here is a look at some of Monday's top business stories:

Enron's Lay to seek 5th's protection

WASHINGTON, Feb. 11 (UPI) -- Former Enron Corp. Chairman Kenneth Lay will seek the constitutional protection against self-incrimination during testimony this week before a Senate committee.

Enron ex-CEO did not foresee problems

WASHINGTON, Feb. 7 (UPI) -- A top Enron Corp. official told a congressional panel Thursday that he had met with the company's chief executive officer in March 2000 to report that the situation with a series of complex partnerships that eventually led to Enron's downfall was "untenab
T.K. MALOY, UPI Deputy Business Editor

Stocks fall for fifth straigth day

NEW YORK, Feb. 7 (UPI) -- Stock prices on the New York Stock Exchange and the Nasdaq Stock Market closed lower today in moderate trading.

Stocks lifted by retail issues

NEW YORK, Feb. 7 (UPI) -- Stock prices on the New York Stock Exchange and the Nasdaq Stock Market were higher in moderate trading at midday Thursday, supported by strength in the retail sector and signs of job market stability.

Enron auditor hires Paul Volcker

WASHINGTON, Feb. 3 (UPI) -- The big-five accounting firm Arthur Andersen Sunday said it has hired former Federal Reserve Chairman Paul Volcker to help it make changes in operational practices in light of the Enron collapse and allegations it ignored auditing standards in its reporti

Senator says Enron not cooperating

WASHINGTON, Feb. 1 (UPI) -- Enron Corp. has failed to provide a Senate committee with information on a number of outside partnerships used to conceal massive debts, a senator leading an in

Govt. affairs panel to probe Enron failure

WASHINGTON, Jan. 2 (UPI) -- Bankrupt energy trader Enron Corp. faced further scrutiny on Capitol Hill Wednesday as another committee announced a probe of the company's collapse.

Ex-Enron workers look to Congress

WASHINGTON, Dec. 18 (UPI) -- Several retirees told a Senate hearing Tuesday how they lost most of their life savings in the collapse of Enron, while the committee announced that the bankrupt energy trader's chief executive officer would testify before it in February. Janice Farmer, w

The Bear's Lair: The anatomy of failure

WASHINGTON, Nov. 26 (UPI) -- In the light of Enron Corp.'s difficulties, which last week brought into question its survival without a trip through Chapter 11 bankruptcy, I thought it worthw
MARTIN HUTCHINSON, UPI Business and Economics Editor

Two plus two equals sayonara?

WASHINGTON, Nov. 8 (UPI) -- It's getting exciting down Houston way. Thursday morning, natural gas marketing and transmission company Dynegy announced it was in discussions with energy trading and transmission company Enron in respect of a merger.
MARTIN HUTCHINSON, Business and Economics Editor
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