Wednesday, December 28, 2005

Enron chief accountant expected to plead guilty - report - Forbes.com

Well you knew someone would talk (first mover advantage--LOL)..

From Forbes:
Enron chief accountant expected to plead guilty - report - Forbes.com: "he former chief accountant at Enron Corp is expected to plead guilty to one or more criminal charges related to the collapse of the energy company, the Wall Street Journal reported.

In its online edition, the newspaper cited sources familiar with the situation as saying attorneys for accountant Richard Causey have spoken to prosecutors in recent days about a plea agreement.

A plea agreement could have a major impact on the cases against his co-defendants, former chairman Kenneth Lay and former president Jeffrey Skilling.

The three men face fraud, conspiracy and other charges in relation to the alleged financial and accounting practices at the company. "

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