Conclusion One final suggestion is an alternative to clawbacks, namely, “holdbacks,” which are a pre-payout recovery mechanism. More or less, a holdback approach requires the executive’s incentive compensation award to be mandatorily credited to a deferred...
Enron’s Progeny: Dodd-Frank and Beyond Additional regulatory changes/additions from recent years shows that the public is still affected by the actions of Jeffrey Skilling and the Enron collapse. Most prominently, the Dodd-Frank Wall Street Reform and Consumer...
California Schemin’: How Enron Fleeced the Golden State Another group of individuals negatively affected by the deceitful actions of Enron management were the citizens of California. The California energy crisis of 2000-2001 took advantage of California energy...
Bad Analysis: How Corporate Banking Culture Prevented Earlier Detection of The Fraud There were also some analysts who refused to put out bad advice by praising Enron to their clients. One of the most famous is John Olson, an energy analyst at Merrill Lynch who...
It’s easy to see how the practice of “follow-back” between attorneys could be construed as such an ethical violation because the act of following someone on twitter is interpreted as a tacit endorsement of that person’s online professional “social media presence” (and...
