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March 2008
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Prosecutors continued an assault on Ken Lay and Jeff Skilling Tuesday afternoon, calling their third witness of the day to testify. Vince Kaminski, Enron's former chief risk officer, told jurors that Skilling complained about Kaminski's team acting "more like cops" preventing Enron from completing transactions rather than helping it. "Our mandate was to ensure that Enron wasn't taking excessive reckless risks," Kaminski testified. At a management committee meeting in 2001 when the company was starting to unwind Fastow's now infamous "Raptors'" deals, Kaminski remembers taking the risky step of publicly disagreeing with Lay. "I felt the company was threatened," Kaminski recounted. "I felt I had a duty to speak up." Kaminski, who speaks with a thick Polish accent, said he told Lay: "I felt what Andy Fastow did not only was improper but was terminally stupid. I felt Enron should come clean," Kaminski continued. Kaminski said afterwards, Greg Whalley, Enron's then president, "pushed me gently from the podium. He felt I said too much for his comfort." Employees, after the meeting, gave him words of support, Kaminski testified. But afterwards, David Oxley called, the head of Enron's Human Resources Department called him. "I concluded that I am going to be fired," Kaminski said remembering the conversation. "You weren't fired were you Mr. Kaminski?," Prosecutor Sean Berkowitz asked. "Eventually, everybody was fired," Kaminski said. The very next day though, prosecutors said Lay publicly touted the management committee as being unified. Kaminski faces cross-examination Wednesday morning. Enron's famous whistleblower, Sherron Watkins, will testify next, perhaps Wednesday afternoon. Before leaving Tuesday afternoon, the Enron Task Force said it is near the end of its case. Lead prosecutor Sean Berkowitz told Judge Sim Lake the team plans to rest its case the week of March 27th. There are a very limited number of witnesses left to call, he said. The defense will likely take six to eight weeks presenting its case. |
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