Rules vs. Principles | Andy Fastow (Former Enron CFO)
Despite today’s more regulated and enlightened
business environment, we continue to witness “Enron-esque” failures of
corporate governance. Enron’s former CFO will make observations about how the
ambiguity and complexity of laws and regulations breeds opportunity for
problematic decisions and will discuss what questions corporate directors,
management, attorneys, and accountants should ask in order to ensure that their
companies not only follow the rules, but uphold the principles behind them.
Andy Fastow was the Chief Financial Officer of Enron
Corp. from 1998 – 2001. In 2004, he pled guilty to two counts of securities
fraud, and was sentenced to six years in federal prison. He completed his
sentence in 2011, and now lives with his family in Houston, Texas. Andy
currently provides litigation support at a law firm, and he consults with
Directors, attorneys, and hedge funds on how best to identify potentially
critical finance, accounting, compensation, and cultural issues.
Following Andy's keynote, we will head over to Table 128 for dinner. EO will have the full restaurant for the evening and Andy will be joining us for dinner.
