Andrew S. Fastow, architect of the financial schemes that plunged Enron Corp. into bankruptcy, will admit guilt today in a plea bargain deal that will send him and his wife, Lea, to prison.
The former Enron chief financial officer will serve 10 years, and his wife, once an assistant treasurer at the failed energy trading company, will be behind bars for five months, according to an attorney for Lea Fastow and a government official with knowledge of the case.
Andrew Fastow is the highest-ranking executive to be charged in the Enron investigation. His cooperation is considered crucial if prosecutors are to make a criminal case against former Enron Chairman Kenneth L. Lay and former Chief Executive Jeffrey K. Skilling.
...Skilling, the former chief executive, had more day-to-day dealings with Fastow...Lay, who has a doctorate in economics, has portrayed himself as clueless about the true financial state of the company he headed. article
Something "Kenny-boy" and his little buddy Double-face have in common?
Hey, another "wink"!
Friday, January 16, 2004
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