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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (1316)2/6/2002 2:15:35 PM
From: KLP  Read Replies (3) | Respond to of 3602
 
Certainly appears to have been a busy year 2000 for Mr. Fastow and group....Wonder where he had been before he went to Enron....? Thanks for posting this WSJ article...

At issue in the case involving the Enron lawyer was one of the outside partnerships known as LJM2. Enron attorney Joel Ephros was negotiating with attorneys for LJM2 from the law firm of Kirkland & Ellis in 2000, when he received an expletive-laced angry voice mail about his handling of the negotiation from Enron's Chief Financial Officer, Andrew Fastow, according to an account given to congressional investigators. Mr. Fastow at the time ran and had an ownership interest in LJM2, which eventually earned him substantial profits.

Later, in the fall of 2000, two of Mr. Fastow's subordinates, Ben Glisan Jr. and Michael Kopper, approached Mr. Ephros's boss to accuse the lawyer of being unresponsive and incompetent and to urge his dismissal. The boss, Jordan Mintz, general counsel of Enron Global Finance, had just started his new job and said he wasn't prepared to make any personnel moves, so he declined. Informed of the decision, Mr. Fastow didn't object. Mr. Mintz later decided to keep Mr. Ephros on staff and praised his performance.