Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Enron Witness Stays on Message at Trial

Friday, February 24, 2006 10:31:35 AM
By MICHAEL GRACZYK

Paula Rieker, former corporate secretary to Enron's board of directors, smiles as she leaves the federal courthouse after her third day of testimony in the fraud and conspiracy trial of former Enron executives Kenneth Lay and Jeffrey Skilling, Thursday, Feb. 23, 2006. (AP Photo/Pat Sullivan)HOUSTON (AP) - The poise, the smile and welcoming hand gestures to the jury that Enron Corp.'s former investors relations vice president displayed as a witness in the fraud and conspiracy trial of two former top executives vanished almost immediately as attention focused on her wealth.

Three days before Enron filed for bankruptcy protection in December 2001, the company was hemorrhaging cash and thousands were about to be laid off. But former investors relations vice president Paula Rieker picked up a $300,000 performance bonus to stay at Enron for 90 days on top of the $3.1 million she earned that year and $2.9 million she was paid the previous year.

The bonus, noted Thursday at the trial of former Enron Chief Executive Jeffrey Skilling and company founder Kenneth Lay, was supposed to be confidential.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

Reports: Toyota grandson to take top job 2:28AM CT
Renault vehicle sales drop sharply amid crisis 2:20AM CT
Oil rises to above $42 as Gaza, demand weighed 2:13AM CT
Asia stocks mixed ahead of US jobs report 1:23AM CT
Japanese shares down ahead of US jobs data 1:12AM CT
China revamping manufacturing base 1:02AM CT
Reports: GM, Chrysler bailout deals bar strikes 12:35AM CT
Bank of Korea cuts key rate to 2.5 percent 12:30AM CT
Record of Japanese visit temples for New Years 12:22AM CT
Credit crunch may lead to another rice crisis 12:19AM CT

   

© 2009 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.