David W. Delainey
PER
Delainey David W. Delainey
David W. Delainey, who headed the Energy Services division at Enron, said that he initially resisted the idea of shifting losses from his unit to the wholesale division, an accounting move that he concluded was improper and misled investors. Mr. Delainey recounted a meeting on March 29, 2001, in Mr. Skilling's office where, he said, Mr. Skilling assented to the move after Mr. Delainey initially got cold feet. He testified that there was no business purpose but to hide the loss and he knew that was not proper. Mr. Delainey, 40, provided other testimony on Tuesday in the trial of Mr. Skilling and Enron's founder, Kenneth L. Lay, who are accused of conspiring to defraud Enron investors.