The Enron Scandal - Unmoderated Message Board

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Non-Tech : The Enron Scandal - Unmoderated

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To: Raymond Duray who wrote (2940)	3/2/2004 11:43:13 AM
From: Glenn Petersen	Read Replies (1) of 3602

I am willing to take her at her word. She had a burn out position and I doubt that her work week has been less than 70 hours since she took the job. Except for Lay, most of the heavy lifting has already been done. Weissmann looks like he is the appropriate replacement: Mr. Weissmann, the new director of the task force, was intimately involved in most aspects of the task force's work. He was the lead trial lawyer in the prosecution of the Arthur Andersen accounting firm on a charge of obstruction of justice related to its destruction of Enron documents. He also led the investigation of Mr. Fastow and Mr. Glisan. Indeed, colleagues have described Mr. Weissmann as the driving force behind a series of charges and settlements related to a 1999 transaction involving what the government says was a bogus sale of a Nigerian power barge to Merrill Lynch & Company. That transaction, which Enron used to report higher earnings that year, has led to the indictment of six executives from Enron and Merrill Lynch. Mr. Weissmann was the lead negotiator in a settlement with Merrill, which resulted in the installation of a Justice Department monitor to oversee a series of sweeping changes at the firm.

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