April 14, 2006

Federal accounting reform urgency

November 2, 2003
by Hon. Joseph J. DioGuardi
Publication: THE WASHINGTON TIMES

Like the fog that hid the massive iceberg in the path of the Titantic on that fateful night in 1913, Washington’s woefully inadequate budget and accounting practices have obscured the sobering reality of our federal government’s finances.

Filed under default category by Joseph DioGuardi.
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Cooking the nation’s books

June 23-30, 2003
by Hon. Joseph J. DioGuardi
Publication: The National Law Journal

Many clever devices were used by Enron to create artificial earnings and to hide debt on a massive scale. Chief among them was a series of off-balance-sheet partnerships set up to make a woefully bankrupt Enron appear financially attractive. Read More

Filed under default category by Joseph DioGuardi.
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May 2, 2003
by Hon. Joseph J. DioGuardi

Yesterday, federal prosecutors filed a superceding indictment against former Enron Chief Financial Officer Andrew Fastow, his wife, and other key executives adding to the seventy-eight counts of financial fraud and conspiracy outlined in the original indictment on October 31, 2002, in connection with the multibillon-dollar collapse of the Enron Corporation.  Read More

Filed under default category by Joseph DioGuardi.
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