Enron Broadband Services
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Enron Enron Energy Services Enron Broadband Services
Two minor figures in the Enron story added on Monday to testimony that the company had padded earnings to disguise problems concerning investors. The former chief accountant of Enron, Wesley H. Colwell, testified that in 2000, the company dipped into reserve accounts set up to illegally pad earnings. And Wanda Curry, a former internal accountant, said she had led a project that uncovered problems with Enron Energy Services and she also said, by the transfer of more than $500 million in losses to the wholesale energy unit. Their testimony could prove that Jeffrey K. Skilling, Enron chief executive, knowingly directed manipulations of Enron earnings and then lied about Enron's performance. Mr. Colwell said he manipulated earnings on two occasions that they wanted to beat analysts' estimates for each quarter. He said he first manipulated earnings because the company wanted to beat Wall Street estimates by 2 cents a share.  Two figures in the Enron story testified that the company had padded earnings and shifted hundreds of millions in losses from one division to another. The former chief accountant of Enron's wholesale energy-trading unit, Wesley H. Colwell, testified that in 2000, the company dipped into reserve accounts set up to illegally pad earnings. Wanda Curry, a former internal accountant, said she had led a project that uncovered problems with Enron Energy Services, by the transfer of more than $500 million in losses. Jeffrey K. Skilling, a former Enron chief executive, knowingly directed manipulations of Enron earnings and financial results and then lied about Enron's performance. Ms. Curry, who has not pleaded guilty to any crime, said she was shocked to discover that hundreds of checks from Enron retail customers, probably worth millions of dollars, had been found under the desk of a trader in the retail unit. Ms.