...there's clear evidence of failure to file honest and correct reports," Dingell said on CBS' "The Early Show." "False accounting appears to be a very major problem." Two Cabinet members, meanwhile, said they had seen no need to inform President...
...conspiracy, racketeering, misapplication of bank funds, bilking investors by giving inaccurate information and ordering false accounting to deceive regulators. "There was securities fraud," U.S. District Judge Paul Magnuson said during the February...
...of Enron, who warned company chairman Kenneth Lay in 2001 that the firm could collapse as a result of extensive false accounting. Enron also filed for bankruptcy, and Watkins resigned last month. "It's an amazing recognition. ... It's...
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