Mr. Powers was a law school dean and later became president of the University of Texas.
By Matt Schudel Matt Schudel Obituary writer Email Bio Follow March 15 at 11:31 AM William C. Powers Jr., a law school dean who was the chief investigator and author of 2002 report that outlined misdeeds by executives at the energy company Enron, leading to congressional investigations and criminal charges, died March 10 in Austin. He was 72.
Mr. Powers, then serving as the law school dean at Texas, was named to Enron’s board of directors, with instructions to lead an internal probe of what went wrong. He had no previous ties to the company, but watchdogs warned of a potential conflict of interest because the law school had accepted donations from Enron.
“We found something more troubling than those individual instances of misconduct and failure to follow accounting rules,” Mr. Powers told the congressional committee. “We found a systematic and pervasive attempt by Enron’s management to misrepresent the company’s financial condition.” The report offered a blueprint for congressional investigations of Enron and subsequent criminal cases against the company’s leaders and its accounting firm. Within months, Arthur Andersen was found guilty of obstruction of justice and was required to surrender its accounting licenses, effectively putting it out of business.
William Charles Powers Jr. was born May 30, 1946, in Los Angeles. His father was a teacher, his mother a homemaker.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Europe should 'give more powers' to regional authorities, Italian lawmaker saysEurope should recognize the value of regional authorities, according to the president of one of Italy's most economically powerful regions.
Consulte Mais informação »
Osaka powers into fourth round at Indian WellsWorld number one Naomi Osaka powered into the fourth round at Indian Wells on Mo...
Consulte Mais informação »
GOP senators want emergency powers capped to stop president 'acting like a king''Congress gave these legislative powers away in 1976 and it is far past time that we as an institution took them back,' said Republican Senator Mike Lee of Utah.
Consulte Mais informação »
GOP senators want emergency powers capped to stop president from 'acting like a king''Congress gave these legislative powers away in 1976, and it is far past time that we as an institution took them back,' said Senator Mike Lee, a Utah Republican.
Consulte Mais informação »
White House opposes Saudi Yemen war powers resolutionDefying Trump, Senate approves resolution seeking to end U.S. military involvement in Saudi-led military action in Yemen. More:
Consulte Mais informação »
Senate clears Yemen War Powers Resolution in rebuke to TrumpThe Senate votes to curtail US military support for a Saudi-led war in Yemen, with seven Republicans siding with Democrats
Consulte Mais informação »
Iran threatens defense overhaul to counter 'suspicious nuclear projects'A senior Iranian security official on Wednesday accused regional powers of spend...
Consulte Mais informação »
Review | How running helped a young mother cope with griefKatie Arnold’s ‘Running Home’ explores the soothing powers of physical activity.
Consulte Mais informação »