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  • Justice Department Finds Building Criminal Case Against Lay Tough

    08/26/2002 3:56:51 PM PDT · by NormsRevenge · 1 replies · 216+ views
    Yahoo News ^ | 8/26/02 | Yahoo News / Wall Street Journal staff reporters Jonathan Weil, Alexei Barrionuevo and Kathryn Kranh
    Justice Department Finds Building Criminal Case Against Lay Tough Mon Aug 26,12:40 AM ET While federal prosecutors investigating Enron's collapse appear to have a clear road map laid out to criminally charge former Chief Financial Officer Andrew Fastow, they are having a tougher time pinpointing evidence that shows former Chairman and Chief Executive Officer Kenneth Lay intended to commit fraud, people familiar with the matter told The Wall Street Journal. Both Mr. Lay and Jeffrey Skilling, who departed abruptly as chief executive in August 2001, remain focuses of the Justice Department ( news - web sites)'s investigation into the Houston...