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
Page 5 of 5
Jeffrey Skilling
WAP2002020753 - WASHINGTON, Feb. 7, 2002, (UPI)---Former Enron President and CEO Jeffrey Skilling testifies before the House Subcommittee on Oversight and Investigations in Washington, on Feb. 7, 2002. Skillings told the subcommittee that he thought Enron was in no danger when he left the company. .mk/Michael Kleinfeld UPI...

Jeffrey Keith "Jeff" Skilling (born November 25, 1953) is the former president of Enron Corporation, headquartered in Houston, Texas. In 2006 he was convicted of multiple federal felony charges relating to Enron's financial collapse, and is currently serving a 24-year, four-month prison sentence at the Federal Correctional Institution in Englewood, Colorado. The Supreme Court of the United States heard arguments in the appeal of the case March 1, 2010. On June 24, 2010, the Supreme Court vacated part of Skilling's conviction and sent the case back to the lower court for further proceedings.

Skilling was born in Pittsburgh, Pennsylvania, and was the second of four children. He grew up in New Jersey and Aurora, Illinois. When he was 16, he worked at WLXT (channel 60), a UHF television station in Aurora.

After graduating from West Aurora High School, Skilling received his B.S. in applied science at Southern Methodist University in 1975, where he was a member of Beta Theta Pi (Kenneth Lay was also a member of the fraternity). During his admissions interview for Harvard Business School, he stated that he was asked if he was smart, to which he supposedly replied, "I'm fucking smart." Skilling earned his M.B.A. from Harvard Business School in 1979. He became a consultant at McKinsey & Company in the energy and chemical consulting practices. Skilling became one of the youngest partners in the history of McKinsey.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Jeffrey Skilling."
Most Popular
Great white shark circling surfers photographed by drone Great white shark circling surfers photographed by drone
Poland buys medium-range missiles from U.S. Poland buys medium-range missiles from U.S.
Goldie Hawn able to see dead people, says Kate Hudson Goldie Hawn able to see dead people, says Kate Hudson
Woman gets third breast to make her 'unattractive' Woman gets third breast to make her 'unattractive'
Louisiana judge rules state's gay marriage ban is unconstitutional Louisiana judge rules state's gay marriage ban is unconstitutional