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Re: enron the smartest guys in the room - Trailer

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Uploaded by on Jan 14, 2008

Enron

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  • ENFORCEMENT PROCEEDINGS

    SEC CHARGES A FORMER HIGH-RANKING ENRON OFFICIAL WITH FRAUD

    Defendant Permanently Barred From Serving as Officer or Director of Public

    Company; to Disgorge and Forfeit Approximately $12 Million The Commission announced today that it had charged Michael J. Kopper, a former high-ranking Enron official, with violating the antifraud provisions of the federal securities laws.

  • Without admitting or denying the allegations of the complaint, Kopper has agreed to be enjoined permanently from violating Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5, and to be barred permanently from

  • acting as an officer or director of a public company. As part of the settlement agreement, which is subject to the approval of the U.S.  District Court, Kopper will disgorge and forfeit a total of approximately $12 million.

  • The Commission brought this action in coordination with the Justice Department's Enron Task Force, which filed related criminal charges against Kopper. Kopper agreed to enter a guilty plea in connection with those charges and to cooperate with the  government's continuing investigation.

  • "This is the first in what we anticipate to be a series of actions brought as the result of the close cooperation between the SEC and the Justice Department's Enron Task Force," said SEC Enforcement Division Director, Stephen M. Cutler. "We will continue to work diligently and

  • vigorously with the Task Force to make sure that all those responsible answer for their misdeeds. We anticipate that the cooperation Mr. Kopper has agreed to provide will be important in identifying fully the individuals and entities that contributed to the company's collapse."

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  • fuck u u r a bastard bitch i am 17 and their my roulmolde

  • Take those bastards` assets away and make them work-off their debts. Send their families to the poor farm.

    I cannot believe how evil these were. I wish my country was helping the little guy, instead of big business. I wonder how many democrats are connected by campaign money? Blaming GWB is just a convenience.

    Ken Lay didn`t learn much in church.

    We know why there is regualtion. Look at En-wrong.

  • Tragedy? Enron falling was one of the most beautiful things in American history. An oppressive, illegal, corrupt tyrant fell, what beautiful justice, so sad that every exec didn't commit suicide and go straight to hell but life is short they'll go there soon enough and then eternal torment will begin.

  • Regulation does not have to be oppressive...any more than rules and referees in a football game is oppressive. We need simple yet comprehensive rules combined with effective referees in the game of capitalism. This is Responsible Free Enterprise. This is Constructive Competition. The alternative is Destructive Competition...leading to Socialism. Decisions, decisions...

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