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Enron Executives' Benefits Kept on Growing As Retirement Plans of Employees Were Cut

Original publication date: 
Wednesday, January 23, 2002 (All day)

 

At a time when Enron Corp. was cutting back on its employee retirement plans to save money, executive benefits at the energy company kept getting richer.

Enron Executives Protected Pensions With Partnerships

Original publication date: 
Thursday, February 7, 2002 (All day)

Enron's bankruptcy may have wiped out most of the retirement savings of most of its workers. But one thing it didn't take away were the pensions of its most senior executives. Financial filings disclose that former Enron Chairman Kenneth Lay, for one, used a private partnership to protect millions of dollars worth of executive pension benefits.

Deferred-Pay-Plan Proposal Still Leaves Some Loopholes

Original publication date: 
Friday, October 11, 2002 (All day)

Until recently, executive deferred-compensation plans largely escaped scrutiny by regulators. That changed after Enron Corp. filed for bankruptcy late last year, and court documents showed that some Enron executives had withdrawn millions of dollars from their accounts just before the Chapter 11 filing.

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