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Aviation Security
Acting Undersecretary of Transportation for Security James Loy testified to the Senate Transportation Committee about a number of issues related to transportation security. Among the issues …
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Corporate Responsibility
Consumer advocates, including former Senator Metzenbaum (D-OH), testified about the misstatement of corporate earnings and other forms of fraud and the effects of this on stockholders and co…
152 views -
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The Telecommunications Market
Witnesses testified about the state of the telecommunications industry, charges of fraudulent accounting practices, responsibilities of federal regulators, and the Telecommunications Act of …
492 views -
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Financial Institutions and Enron Collapse, Day 2
Mr. Martin testified about accounting and consulting practices at Merrill Lynch as they related to the Enron financial collapse. Mr. Tilney and Mr. Furst appeared at the hearing, but invoked…
1,507 views -
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Financial Institutions and Enron Collapse, Day 1
Accountants and auditors testified about financial practices and the role of banks in the Enron bankruptcy. Among the topics they addressed were “prepay” schemes intended to hide debt as cas…
2,192 views -
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Enron Bankruptcy
Senate Commerce Committee members talked with reporters about Enron CEO Kenneth Lay’s refusal to testify before their committee. Following their comments they answered questions from the rep…
179 views