What's At Heart Of Enron Case, Accounting Or 'lies And Choices'?
The government and the defense in the criminal trial of the two central figures at Enron outlined widely different approaches to their cases during opening statements here on Tuesday, with the prosecutors eschewing arcane financial detail and the defense embracing it.
"This is a simple case," said John Hueston, a federal prosecutor. "It is not about accounting, it is about lies and choices."
In the first hours of statements in the trial of Enron's former chief executives, Kenneth Lay and Jeffrey Skilling, the government made it clear that it would not get bogged down in the kind of mundane details that, legal experts say, have cost prosecutors convictions in other recent high-profile white-collar criminal trials.
But a lawyer for Skilling countered that accounting was central to the case and would play a key role in the defense of the executive. "This place was infested with accountants and lawyers, so it is about accounting," the lawyer, Daniel Petrocelli said.
The role......
View the rest of this paper...
Approximate Word Count: 740
Approximate Pages: 3 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
What'S At Heart Of Enron Case, Accounting Or 'Lies And Choices'?
What's at heart of Enron case, accounting or 'lies and choices'? The
government and the defense in the criminal trial of the two ...
Frat Files
Members
Information
