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Tuesday, March 07, 2006

Fastow Testifies Skilling Gave the Go-Ahead for Off-The-Books Companies

Just a quick note today: As Matt Daily reports for Reuters, former Enron finance honcho Andy Fastow testified today in the trial of former Enron CEOs Ken Lay and Jeffrey Skilling.

Part of Fastow's testimony: "Get as much of that juice as you can," Fastow testified. "The juice was the equity, but we were using the juice to increase earnings of Enron Corp. so we could report the numbers we wanted to report."

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