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 HOUSTON (AP) - Former Enron Corp. Chief Executive Jeffrey Skilling ordered last-minute changes to at least two quarterly earnings reports so the company could meet or beat analysts' expectations, a former vice president of investor relations testified Tuesday.
Paula Rieker, 51, was poised and articulate, often addressing the jury directly, when she described the chaos and high emotions as what was once the nation's seventh-largest company descended into bankruptcy proceedings in December 2001.
The government's fourth witness in the fraud and conspiracy trial of Skilling and Lay, Rieker recalled the board of directors were "outraged" upon learning in February 2002 that Enron founder Kenneth Lay had sold more than $70 million in Enron stock back to the company in 2001.
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