Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Richard Causey, Enron's former chief accounting officer who helped fudge financial statements to nurture an illusion of success, will serve five and a half years in prison for securities fraud, a ...

The on-again, off-again plea negotiations between federal prosecutors and former Enron chief accounting officer Rick Causey are on again, with a deal possible as early as this week. The two sides have ...

Enron Corp. inappropriately counted $5 billion it raised in the four years leading to its December 2001 bankruptcy with the knowledge of two major banks that played "significant roles" in the ...

WASHINGTON -- Enron fired accounting firm Arthur Andersen yesterday as the feuding corporations both came under growing scrutiny for their roles in the collapse of the world's largest energy trading ...

Enron may have gone bankrupt two decades ago, but did it close its doors forever? Now that the company is making headlines again, finance enthusiasts are recalling the infamous 2001 scandal that ...

WASHINGTON -- Enron fired accounting firm Arthur Andersen on Thursday as the feuding corporations both came under growing scrutiny for their roles in the collapse of the world's largest energy trading ...

The Enron scandal in early 2001 forever changed the face of business. Enron, the once high flying energy trading company, was exposed as being little more than a slowly unraveling multi-billion dollar ...

Houston (Jan. 23, 2004) -- Just hours after he turned himself in to authorities at the Houston office of the Federal Bureau of Investigation, Richard A. Causey, the former chief accounting officer at ...

Former Enron CEO Jeffrey Skilling outside a Houston courthouse prior to his conviction in 2006. He was released from prison in 2019 and has now reportedly launched a new investment venture. AFP via ...

Almost nobody expected to hear anything more about Enron since its demise in the early 2000s. However, the infamous natural gas and electricity company is making headlines once again — this time for a ...