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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
11 / 2936 |
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The SPE’s were carefully structured to eliminate the need to consolidate financial statements. Chewco was established in 1997 by Enron executives in connection with another Enron partnership with interest in natural gas pipelines. Enron’s CFO Andrew Fastow employed Michael Kopper to officially manage Chewco to prevent the disclosure of a conflict of interest for Fastow between Enron and Chewco...
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Enron’s CFO Andrew Fastow employed Michael Kopper to officially manage Chewco to prevent the disclosure of a conflict of interest for Fastow between Enron and Chewco. The LJM2 partnership was established in 1999 for the purpose of acquiring assets chiefly owned by Enron. LJM2 was also managed by Fastow and Kopper, LJM2 engaged with accounting firm PricewaterhouseCooper (PWC) and the law firm Kirkland & Ellis to help with the technicalities of the partnership...
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General points of the essay
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