Enron, Global Crossing, World Com, the high tech stock bubble, are all examples of Clinton's robust economy. They are also a reresentation of Clinton himself - lots of hype and empty promises.
Fastow was an outright thief. He inflated Enron's earnings by hiding billions in debt and losses in off-book partnerships.
Fastow made millions for himself by slippery accounting maneuvers, which effectively hid debt by moving it off Enron's balance sheet.
There were a lot of Enron people complaining about Fastow's partnerships, and the amount of money Fastow was making off the books---and putting it into his "family foundation." From there, God knows where it went. Can you say money-laundering?
The fraud led to the collapse of what was once the seventh-largest U.S. company by sales.
Fastow has pleaded guilty to a fraud charge stemming from Enron's collapse and faces 10 years in prison.
Fastow's wife went to jail---pleading guilty to tax fraud.
Defense lawyers have described Fastow as a crook who "hid" his activities from Skilling and Lay and the company's board of directors.
Duh.