A former executive from Enron Corp.'s defunct high-speed Internet unit pleaded guilty Tuesday to one count of conspiracy related to the scandal-choked company's collapse. Kevin P. Hannon, 44, chief operating officer for Enron Broadband Services, was ordered to surrender $2.2 million in assets and $8 million in deferred compensation from Enron's bankruptcy estate to the Justice Department and $1 million to the Securities and Exchange Commission.
Posted by Webmaster at September 1, 2004 04:19 AM