Licensed to Lie: Chapter 9:

BOHICA: On March 19, 2007, the Fifth Circuit issued its decision in Regents, a civil suit against several large banks that had done transactions with Enron, including Merrill Lynch in the Barge transaction. The Fifth Circuit reversed the decision and held that the...

Licensed to Lie: Chapters 7-8

  Chapter 7: Supreme Reversals April 27, 2005. Ms. Powell was invited to sit in on the oral argument before the Supreme Court by Maureen Mahoney. Assistant Solicitor General Michael Dreeben argued the case for the government. The Supreme Court included Chief Justice...

Licensed to Lie: Chapters 5 & 6

  Chapter 5: Nailing the Coffins The judge made the following errors: At the prosecutors’ request, he expanded the already broad definition of conspiracy (which requires an “agreement”) beyond all prior boundaries by adding “or understanding.” He did not give the...

Licensed to Lie: Chapter 2-3

  Chapter 2 Chapter 2 is the actual beginning of the story behind Licensed to Lie. It is the attack on the Enron Corporation. The characters in the scenario are: Enron Executives: Jeffrey Skilling, CEO Andrew Fastow, CFO Ken Lay, Chairman Jeff McMahon, treasurer Ben...