Page 22 - Enron Task Force News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Defense counsel is charging which is really quite exceptional and for men are charged, executives, they convicted quick. >> yes they were indicted for conspiring to defraud enron with the services of andrew fast out. mark: what happened? i assume they appealed? . >> they were all convicted they did appeal and on appeal the fifth circuit reversed 12 out of 14 they reversed all counts against merrill lynch defendants and the related wire fraud. mark: be clear. all the counts relating to the work with enron were reversed? . >> yes. all charges were reversed conspiracy and wire fraud, yes. they we...

Them to pile on additional charges. mark: if you look at the case involving anderson and merrill lynch with the four executives in manafort, it's almost as if not that they have more to offer but there is almost an obsession or this odd desire to destroy these people not just punish them but to break them into a thousand pieces. >> exactly. and wiseman did the same thing to another person i described in license to lie young enron treasurer who just wanted to plead guilty to a crime that he admitted he committed and one of the schemes and want to go to prison but mister wiseman wanted him to co...

They knew they would destroy it by indicting it. mark: because they are the financial advisors to enron. >> exactly auditors and financial backers. mark: a manufactured crime by two different statutes were combined. >> exactly. mark: how may people worked for arthur anderson? . >> 85000. mark: and wiseman was the lead investigator. >> he was the lead prosecutor. >> reported in part the director of the fbi at the time reporting under mueller. >> yes. they knew they would destroy the company when they indicted it because anderson represented 2500 publicly traded companies and no auditor can func...

Tell us about andrew wiseman. >> i am told he is the poster boy for prosecutorial misconduct because mueller had a handrolled to pick him of the enron task force and appointing him to that position. mark: where was mueller at the time quick. >> director of the fbi. mark: he picks wiseman to handle enron. >> he was deputy director at the time when he first started under the chief of the enron task force when it was first created with the collapse of enron. so they targeted arthur anderson to begin with. mark: they investigate enron and they targeted arthur anderson? for what quick. >> destroyin...

Money. mark: on a case that was reversed by the united states supreme court and mister wiseman was in charge. >> yes. anderson was known to be the hallmark and the benchmark for accounting standards. mark: what happened to merrill lynch? . >> not the company but one of the reasons they indicted anderson was to send a message to others that if they knocked on your door as the enron task force you better cooperate or you could be destroyed and given the death penalty just like anderson. mark: even if you did not know anything? that is the power that the prosecutors had. >> yes. mark: it is all o...