Tag Archives: Enron

Enron, 20 years later

Posted on December 6, 2021 by Charles Kuffner

Memories. It was hailed as the most innovative company in America, a hometown energy giant whose name graced one of Houston’s skyscrapers and the Astros ballpark. Enron was founded in 1985 as a natural gas pipeline company and became one of the largest … Continue reading →

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Who wants to invest in Jeff Skilling?

Posted on June 20, 2020 by Charles Kuffner

Here’s your chance. Former Enron CEO Jeffrey Skilling, released last year after a 14-year prison term stemming from the energy firm’s collapse, is raising funds to launch a digital marketplace catering to professional oil and gas investors, according to four … Continue reading →

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Skilling settles longstanding lawsuit

Posted on April 19, 2019 by Charles Kuffner

Old business. Less than two months after leaving prison, former Enron Chief Executive Officer Jeffrey Skilling settled a 17-year-old lawsuit claiming he helped defraud a Canadian investment firm with the promotion of the defunct energy company’s securities as it headed … Continue reading →

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Enron’s other legacy

Posted on March 17, 2019 by Charles Kuffner

The company is long gone, its leaders have faded into history, but Enron’s emails are forever. During its 2002 investigation of the bankruptcy of Enron, the US Federal Energy Regulatory Commission (FERC) checked the energy company’s emails: more than 600,000 … Continue reading →

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Skilling officially sprung

Posted on February 25, 2019 by Charles Kuffner

There he goes. Jeffrey K. Skilling, the former Enron CEO who spent the past 12 years in prison for his role in masterminding one of most notorious corporate fraud cases in history, was released from federal custody on Thursday, the … Continue reading →

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Jeff Skilling released from prison

Posted on September 2, 2018 by Charles Kuffner

It’s the end of an era. Jeffrey K. Skilling, the former Enron CEO sentenced to a long prison term for his role in one of most notorious corporate fraud cases in history, was recently released from a minimum security federal … Continue reading →

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Andy Fastow’s second act

Posted on January 17, 2015 by Charles Kuffner

I don’t know what to make of this. “I’m always surprised when people ask me to speak about business ethics; it’s like getting Kim Kardashian to speak about chastity.” These words, from the lips of Andrew Fastow, elicit generous laughs … Continue reading →

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Skilling gets resentenced

Posted on June 25, 2013 by Charles Kuffner

He got the minimum of what he could have gotten. The long-running battle between federal prosecutors and former Enron CEO Jeff Skilling formally came to an end Friday when U.S. District Judge Sim Lake signed off on a negotiated sentence … Continue reading →

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Skilling’s sentence shortened

Posted on May 11, 2013 by Charles Kuffner

Jeffrey Skilling’s day in court will come to an end. Responding to a federal appeals court mandate, lawyers for former Enron CEO Jeff Skilling and the U.S. Department of Justice Wednesday reached an agreement that could knock a decade off … Continue reading →

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Skilling might get a sentence reduction

Posted on April 9, 2013 by Charles Kuffner

But don’t expect him to get out of jail anytime soon. Attorneys for former Enron CEO Jeff Skilling and the Department of Justice are discussing an agreement to reduce his prison time and possibly avert a drawn-out court battle. Those … Continue reading →

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Skilling asks for new trial

Posted on May 27, 2012 by Charles Kuffner

Good luck with that. Former Enron CEO Jeffrey Skilling’s appellate battle apparently will continue with what his attorney says is “newly discovered evidence.” In a motion for a time extension filed last week, Daniel Petrocelli asked to have until August … Continue reading →

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Salvaging the Dome

Posted on May 4, 2012 by Charles Kuffner

Here’s one way to keep demolition costs down. Picture a urinal in the basement of the Reliant Astrodome — a block of dusty porcelain, used by Earl Campbell or Nolan Ryan, or any other Oilers or Astros great. How much … Continue reading →

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RIP, Bubba the roach

Posted on April 8, 2012 by Charles Kuffner

Another Houston institution bites the dust. For 42 years, a 2-ton sign featuring a neon-lighted cockroach blazed over the Southwest Freeway near Westpark, a garish but iconic advertisement for Holder’s Pest Control. The 8-foot-by-16-foot sign, nicknamed Bubba, was taken down … Continue reading →

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Enron, ten years after

Posted on December 2, 2011 by Charles Kuffner

Ten years ago today, on December 2, 2001, Enron officially collapsed. Apparently, you can buy some memorabilia cheap on eBay, which is fitting in a weird way. The Chron had a bunch of Enron look-back stories on Sunday to commemorate. … Continue reading →

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Skilling conviction upheld

Posted on April 11, 2011 by Charles Kuffner

Some Enron news for you: A U.S. Supreme Court decision does not undo any of the convictions against former Enron CEO Jeffrey Skilling, but his case should still be sent back to a Houston judge for resentencing, an appeals court … Continue reading →

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Dynamo “Your Name Here” Stadium

Posted on August 14, 2010 by Charles Kuffner

In a conversation with the Chron, Tim Leiweke, the president of Dynamo co-owner AEG, discusses the next big item on their to-do list: The naming rights is the next task at hand and it will be a hot priority, but … Continue reading →

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Deregulation fail

Posted on February 10, 2009 by Charles Kuffner

How’s that electricity deregulation working for you, Texas? In the decade since Texas deregulated its retail electricity market, rates have skyrocketed higher than any other state with such open competition, according to a report released today. Commissioned by the Cities … Continue reading →

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