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Business: Enron / Lay / The Victims #759908

CBS Evening News for Thursday, Jul 08, 2004
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(Studio: John Roberts) Report introduced.

(New York: Anthony Mason) The charges against former CEO Ken Lay in the Enron accounting fraud featured; scenes shown of Lay in Houston in handcuffs; details given of the charges. [LAY - denies any criminal activity; questions his chief financial officer {Andrew Fastow}.] [SEC's Linda THOMSEN†- says Lay was a participant in the fraud.] [Whistle-blower Sherron WATKINS†- questions Lay's excuse; recounts her meeting with Lay about Enron's problems.] [US attorney James COMEY†- says all of Enron's top brass are under indictment.] [Former federal prosecutor Jacob FRANKEL†- outlines the problems in the government case.]

(Studio: John Roberts) Report introduced.

(Houston: Lee Cowan) The reaction of Enron fraud victims to the Lay case examined. [Former employees Charles PRESTWOOD†, Rod JORDON†- say the top executives, including Lay, were involved.] Audiotapes played of Enron traders joking about manipulating energy prices. [Former employee Diana PETERS†- defends Lay.]

Roberts, John;
Mason, Anthony;
Cowan, Lee

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