Azurix was a unit of the failed energy trader Enron, which went bankrupt last year.
The bank has also been caught by the bankruptcy of Enron, the failed energy trader.
For the past 12 weeks, the former C-level execs face a raft of charges revolving around the energy trader's December 2001 collapse.
She served as an accountant at the energy trader before its historic collapse in December 2001--and made a bit of history herself.
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On Wednesday, the ex-exec testified in the fraud and conspiracy trial of the energy trader's former Chairman Kenneth Lay and ex-CEO Jeffrey Skilling .
One of its securities analyst, in recent testimony to a Senate committee, said he recommended Enron stock because he was hoodwinked by the energy trader.
They are questioning whether the now-bankrupt energy trader gave financial support to Labour after it came power in 1997 and wherther it helped change government policy?
In July he defended Merrill during a U.S. Senate hearing that looked into the bank's tangled relationship with disgraced energy trader Enron after other executives declined to testify.
Calloway, a man with thinning hair, glasses, and a strong country accent, served during the Vietnam era, then became an energy trader at Duke Power, in North Carolina.
The markets have survived the crash of big companies, such as Enron, an energy trader, and the downgrades of motor companies, Ford and General Motors, in recent years.
Now an energy trader living in Portland, Oregon, Mr. Cocke was a successful collegiate player who went on to brief coaching stints at Charlotte and the University of Kansas.
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And if anyone had listened to the conscientious number-cruncher in 2001 when she played despised Cassandra, voicing omens of potential financial doom, well, history could've turned out differently for the collapsed energy trader.
In his letter to his investors announcing that he was closing his fund, Arnold said that after 17 years as an energy trader he felt it was time to pursue other interests.
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Brian Hunter, the 32-year-old Canadian energy trader, had made a fortune for Amaranth in 2005 when he bet that natural-gas futures would rise and then benefited from surging gas prices after Hurricane Katrina.
"The Kuwaiti minister has said that for credibility's sake Opec will need to increase production by 500, 000 barrels a day and that began the sell-off, " said Chris Mennis of California-based energy trader New Wave Energy.
But perhaps that was Petrocelli's point: He hammered home the defense idea that Fastow was intoxicated with avarice, looting the doomed energy trader for his own gain--and without the knowledge of Skilling or Lay, the firm's founder.
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These go much further than the corporate reform devised by the New York Stock Exchange and by Congress, in the form of the Sarbanes-Oxley bill, in response to the frauds at WorldCom and Enron, an energy trader.
After all, the former chief financial officer had accepted a ten-year stretch in the clink as part of his deal: Pleading guilty to two of the 98 counts he'd faced in connection with the collapse of the energy trader.
He has pleaded not guilty of the fraud that led to the energy-trader's collapse.
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