03 March 2006

Former Enron Exec's Testimony Rocks Court

Former Enron Executive Rocks Court in His Description of the Inside Workings of Enron

By MICHAEL GRACZYK and KRISTEN HAYS

HOUSTON Mar 3, 2006 (AP)— Former Enron Corp. Chief Executive Jeffrey Skilling told other top executives "they're on to us," when a small analyst firm produced a research note critical of the company's sales to partnerships run by then-Chief Financial Officer Andrew Fastow, a former top executive testified in a bombshell revelation Thursday.

Minutes before that, Skilling said at the May 2001 meeting attended by company founder Kenneth Lay that he had "brought Andy here" to talk about those partnerships, called LJM1 and LJM2.

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