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Project 911 ruled "fraudulent and improperly preferential" (Enron)

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CornField Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-12-05 09:26 PM
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Project 911 ruled "fraudulent and improperly preferential" (Enron)
http://www.chron.com/disp/story.mpl/business/3520137.html

A Texas bankruptcy judge ordered that about 40 former Enron traders must pay back $20 million of their eve-of-bankruptcy bonuses to the employees fired around the same time.

...

Just before it declared Chapter 11 bankruptcy, Enron paid out some $105 million in bonuses to favored trading personnel in an effort with a typically dramatic name: Project 911.
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-12-05 09:53 PM
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1. What was the date? nt
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CornField Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-12-05 09:56 PM
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3. Of the disbursement?
November 2001 -- Enron declared bankruptcy in December 2001. Which makes the name even more distasteful, IMO.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-12-05 09:54 PM
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2. Restitution is insufficient for the Republican culture of corruption
Send the NeoCon Crooks to the slammer.
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