Richard Causey was Enron's Chief Accounting Officer, and he is scheduled to be tried for conspiracy, fraud, money laundering, insider trading, etc. starting January 17. He has been less visible that Ken Lay and Jeff Skilling, but he may be the key player in this part of the drama because of his inside knowledge of the supposed accounting controls in connection with various illegal transactions. Now it appears that Causey may plead out.
Who has the most to lose if Causey becomes a prosecution witness? My guess is Skilling, who was more closely connected to the challenged transactions than Lay. If Causey is allowed to plead out, I assume it's because the prosecutors feel that he will strengthen their case against Skilling and Lay, but they need to go some distance to show that Ken Lay was guilty of anything beyond immense neglect.
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