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Timeline of Enron's Collapse

Apr. 4: Thomas White reveals Enron showed significant support prior to his nomination as army secretary, fueling rumors of Enron influence over the Bush administration.

Apr. 3: Internal memos reveal accounting firm Arthur Anderson was overruled after questioning Enron methods used to hide losses.

_____The Fall of Enron_____
Understanding Enron Report: News and Research
Primer: Understanding Enron
Enron Photo Gallery

Apr. 2: Sources say former Enron advisor Carl E. Bass was removed from his position after voicing concerns regarding accounting policies.

Mar. 29: Enron given 90 day ultimatum to turn over documents to investigators.

Mar. 27: Army secretary Thomas E. White denies improper contacts with former Enron colleagues.

Mar. 27: Reports show UBS Paine Webber broker was dismissed after advising clients to sell stock due to Enron's financial trouble.

Mar. 25: Army secretary Thomas E. White, a former Enron executive, lists 44 previously undisclosed phone calls made from his home to Enron executives prior to his decision to sell more than 200,000 shares.

Mar. 24: Reports show Kenneth Lay's relationship to George Bush was a mix between close friend and nudging lobbyist.

Mar. 23: Congress issues subpoenas to Enron executives to determine the fallen company's relationship with political contacts and influence over the Presidential administration's energy policy.

Mar. 7: President Bush reveals detailed proposal to require corporate chief executives to vouch personally for their companies' financial statements.

Mar. 1: New documents collected by House committee conflict sworn testimony given by former Enron executive Jeffrey Skilling.

Mar. 1: House Democrats introduce legislation to impose more restrictions on auditors and Wall Street analysts.

Feb. 27: Former Enron employees offer to testify in exchange for immunity from prosecution.

Feb. 27: Skilling appears before Congress a second time, maintaining claims that he knew nothing about corrupt accounting practices.

Feb. 23: GAO files unprecedented lawsuit against Vice President Cheney in the matter of interaction between Enron Corp. Executives and the Bush administration's energy task force.

Feb. 21: Sources tell The Post accounting firm Arthur Anderson is willing to make a substantial payment to settle a class-action suit with Enron shareholders.

Feb. 17: Reports indicate Enron enlisted the aid of a Bush campaign advisor.

Feb. 14: Documents reveal Enron executive offered Kenneth Lay public relations advice on how to blame others for Enron's rapidly increasing financial troubles.

Feb. 14: Enron executive Sherron Watkins testifies before a House Committee, sharply disputing previous testimony and implicating Jeffrey Skilling and Andrew Fastow as culpable for Enron's demise.

Feb. 12: Former Enron CEO Kenneth Lay invokes Fifth Amendment right and refuses to testify after being forced by congressional subpoena to appear on Capitol Hill.

Feb. 8: Testimony from former chief executive Jeffrey Skilling contradicts previous statements made by Enron partners.

Feb. 8: Former chief financial officer Andrew Fastow takes the fifth before a House panel.

Feb. 8: Lay sells stake in NFL Houston Texans.


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