Former audit regulators, academics and investors say oversight would diminish if the PCAOB is folded into the SEC, while the plan’s supporters tout the capabilities of the securities regulatory agency ...

Citigroup's investment arm helped Enron defraud investors and customers by making the company appear profitable while it was on the verge of collapse. Citigroup wo ...

Former Enron CEO Jeffrey Skilling was sentenced Monday to more than 24 years in prison for his part in accounting practices that led to the company's collapse. His is the latest in a series of ...

How much did Enron employees lose? $1 was lost by one 30-year employee. The number of people is 5. A portfolio worth $2 million was downsized to $4,000 in another. They both lost $600,000 in ...

Former Enron chairman and chief executive Kenneth Lay has abruptly cancelled his planned testimony before Congress this week for what his lawyer characterised as the increasingly "prosecutorial ...

The deal was negotiated largely by V&E partner Harry Reasoner of Houston, the firm s former managing partner, and Enron President and Board Chairman John Ray III. Houston’s Vinson & Elkins has ...

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Remember Enron, the American energy company that went belly up after it was exposed for perpetrating one of the biggest accounting frauds in history? According to an investment banker who once dug ...

After years of logging expected profit as realized profit and using special purpose vehicles (SPVs) to move debt and losses off its balance sheet, Enron found itself subject to an SEC probe in ...

Congress created the PCAOB in 2002 to boost financial oversight in the wake of the Enron and WorldCom accounting scandals. But its fate now hangs in the balance as GOP lawmakers target a July 4 ...