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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Thomas Mercer-Hursh who wrote (50350)	2/13/2002 7:22:50 PM
From: Kayaker	of 54805

Enron board aware of deals Records show directors knew about suspect partnerships By Robert Manor and Delroy Alexander Tribune staff reporters Published February 13, 2002 Enron Corp. executives repeatedly briefed the company's board of directors about the suspect partnerships and murky accounting that later brought down the energy giant, internal Enron documents show. Records obtained by the Tribune appear to contradict claims in a recent report commissioned by the board that the directors were passive participants in one of the biggest corporate debacles in history. Enron's board received detailed presentations from former chief financial officer Andrew Fastow and others about the partnerships that crippled the company, minutes of board meetings show. Moreover, the directors approved many of the practices Fastow used to shift debt off Enron's books, the documents reveal.... chicagotribune.com

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