Results tagged “raptors”

From local Houston headlines, we bring you these weekend news bits...

From local Houston headlines, we bring you these weekend news bits...

The Houston Rockets are set to re-acquire point guard Mike James in a trade that will send Rockets forward Juwan Howard to the Milwaukee Bucks. The deal, which is pending, could happen as early as today could include more players. James played for the Rockets in the 2004-05 season, helping lead the Rockets to the playoffs. After an early playoff exit to the Dallas Mavericks, James was dealt north of the border to the...

In what legal analysts are calling a "slam dunk" for the prosecution, the jury in the trial of Ken Lay and Jeff Skilling found the former Enron executives guilty of charges relating to securities fraud, wire fraud and conspiracy this morning after just more than five days of deliberation.

Former Enron Chairman Ken Lay continued spinning his story of innocence at his trial yesterday, maintaining that Enron's collapse was the fault of ex-CFO Andy Fastow, short sellers and the financial journalists at The Wall Street Journal. Lay stressed that be believed Enron was doing just fine, which means he couldn't possibly have been lying to people when he told them things were OK at the company even as it was sliding toward corporate doom...

Ex-Enron CEO Jeff Skilling kept denying accusations against him during testimony in his trial yesterday, saying he would have called the FBI if he had ever become aware of any criminal activity at Enron. Maybe. "I was aware of no illegal activity occurring at Enron Corp.," Skilling said. "I would have called the FBI. I might have a little hesitation now about doing that," he said. "You're a little angry at the government aren't you?"...

Ken Lay and Jeff Skilling must be getting tired of these pesky former Enron executives who keep taking the witness stand at their trial. The latest was Sherron Watkins, who wrote a memo to ex-Chairman Lay in 2001 warning about coming trouble in the company's finances and testified yesterday that she saw all kinds of shady business practices during her time at the Big E. Watkins told jurors that she went to work for ex-CFO...

Three witnesses testified yesterday in the trial of Ken Lay and Jeff Skilling: one who criticized ex-Enron CFO Andrew Fastow's side deals, one who helped create them and one who had no idea who Fastow was. The one who criticized was Vince Kaminski, a former risk analyst at Enron who testified that ex-Enron Chairman Lay and ex-CEO Skilling ignored his concerns about side deals run by Fastow. Kaminski said his first bad reaction to the...

Paula Rieker, the former managing director of investor relations at Enron, stuck to her guns under cross-examination yesterday, maintaining that the company's management gave investors and analysts a false growth story. In her second day of testimony in the Ken Lay/Jeff Skilling trial, Rieker said she "fell into the role of being a good corporate citizen" by turning a blind eye to many Enron practices she thought were questionable — and she wasn't the only one.