Enron - Andrew Fastow NPR's Wade Goodwyn reports on the arrest today of one of the men federal authorities blame for the Enron debacle. Andrew Fastow was Enron's chief financial officer in the years before the company filed for bankruptcy. Today he was charged with wire, mail and securities fraud, among other things. The criminal complaint accuses Fastow of creating a complex web of off-books partnerships that were used to hide debt, making the company look more profitable than it really was.
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Enron - Andrew Fastow

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Enron - Andrew Fastow

Enron - Andrew Fastow

Enron - Andrew Fastow

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  • <iframe src="https://www.npr.org/player/embed/1150974/150974" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Wade Goodwyn reports on the arrest today of one of the men federal authorities blame for the Enron debacle. Andrew Fastow was Enron's chief financial officer in the years before the company filed for bankruptcy. Today he was charged with wire, mail and securities fraud, among other things. The criminal complaint accuses Fastow of creating a complex web of off-books partnerships that were used to hide debt, making the company look more profitable than it really was.