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Latest Business News

Skilling Lawyer Attacks Fastow Testimony

Friday, March 10, 2006 4:29:37 PM
By KRISTEN HAYS

Former Enron CFO Andrew Fastow is escorted away from the federal courthouse Thursday, March 9, 2006 in Houston after his third day of testimony in the fraud and conspiracy trial of former Enron executives Kenneth Lay and Jeffrey Skilling. Fastow will be back on the stand on Monday. (AP Photo/Pat Sullivan)HOUSTON (AP) - Before former Enron Chief Financial Officer Andrew Fastow took the witness stand this week in the fraud and conspiracy trial of his bosses, Jeffrey Skilling and Kenneth Lay, he had a certain swagger. Now the 44-year-old just looks beaten.

"I think I said on more than one occasion yesterday that I was greedy," he said on the second day of a cross-examination by lead Skilling lawyer Daniel Petrocelli. The attorney relentlessly shamed the ex-CFO as a liar, cheat and thief who roped his wife into his crimes and watched her serve a year in prison.

Petrocelli's punches left jurors to decide whether they can believe the prosecution's most highly anticipated witness.


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