Disgraced Ex-Enron CFO warns D&O insurers on fraud risk
Andrew Fastow, who helped to engineer one of America's
largest corporate frauds, warned a room full of directors and
officers (D&O) insurers that executives can follow all the
rules and still wind up on the wrong side of the law.
The disgraced ex-convict, who was sentenced to six years in
federal prison after helping prosecutors go after his bosses in the
now defunct energy trader, repeated that he took full
responsibility for his actions, which he called
"wrong".
However, speaking...
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