Also set to testify at the hearing was Richard Trumka, secretary-treasurer of the AFL-CIO, who is expected to speak on the need for ‘more protections for retirement plans,’ among other things.
The House of Representatives Energy and Commerce Committee has asked Enron to release a number of documents related to its financial troubles by December 17 –and would like to conduct interviews with current and former senior Enron employees as well as members of Enron’s audit and compliance committee –by December 21.
Last week, Energy and Commerce Committee investigators traveled to Houston to interview Enron’s current CFO, Jeffrey McMahon.
In letters to Enron, The House of Representatives Energy and Commerce Committee Chairman Representative Billy Tauzin and Representative James Greenwood listed 43 aspects of the Enron case in which the committee has interest, including:
- earnings restatement decisions
- financial ties among Enron officers
- outside partnerships with which Enron officers were involved
- minutes from Enron board of directors and audit committee meetings from 1997 to present
Enron also is under investigation by the Justice Department and by the Labor Department for practices related to the treatment of stock in its 401(k) program (see DOL Launches Enron 401(k) Investigation ).
– Nevin Adams firstname.lastname@example.org
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