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Andy Fastow

by Anne Ellis | Feb 12, 2018

Fastow (Sold Out)

Andy Fastow, Former CFO of Enron

On October 31, 2002, Andy Fastow, Enron’s former CFO, was indicted by a federal grand jury on 78 counts including fraud, money laundering, and conspiracy. In 2004, he pled guilty to two counts of wire and securities fraud, and agreed to serve a ten-year prison sentence. He also agreed to become an informant and cooperate with federal authorities in the prosecutions of other former Enron executives in order to receive a reduced sentence. As a result, he was ultimately sentenced to six years at Oakdale Federal Correctional Complex in Oakdale, Louisiana.

Discussion: “Rules v. Principles”

Despite today’s more regulated and enlightened business environment, we continue to witness “Enron-esque” failures of corporate governance. Among other things, Mr. Fastow will make observations about how the ambiguity and complexity of laws and regulations breeds opportunity for problematic decisions, and will discuss what questions auditors, corporate directors, management, and attorneys should ask in order to ensure that their companies not only follow the rules, but uphold the principles behind them.

Lotte Lehmann Concert Hall
University of California Santa Barbara
February 22, 2018 @ 7:00 pm

Tickets (Online Only): Students $5, Non-Students $10
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