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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 905 |
Essay's paper body
Kopper pleaded guilty to charges of money laundering and wire fraud. It wasn't until then that he decided to reveal to investigators the other people involved in the big time scandal. Kopper's confession, supported by evidence and gathered by authorities indicated a defined system that hid Enron's debt and made millions for insiders like Kopper, and CFO Fastow...
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Kopper and Fastow worked closely together. Fastow was indicted on seventy-eight counts of conspiracy.
Enron's biggest problems arose from a group of partnerships called LJM. In 1999, Enron invested in a beginning Internet Company called Rhythm NetConnections. Enron wasn't allowed to sell Rhythm's stock despite its large amount of money on paper until fall...
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