Cover Boys of the '90s

In yesterday's testimony, former Enron general counsel James Derrick said part of his favorable impression of former chief financial officer Andrew S. Fastow -- who has pleaded guilty to fraud, is cooperating with the government and faces up to 10 years in prison -- was crafted by the great press Fastow got from the media, specifically business mags.

Fastow was named one of the "Finest In Finance" by CFO magazine in October 1999 -- one of the nation's top 11 finance chiefs, according to the magazine. "And much of [Enron's] growth has been fueled by unique financing techniques pioneered by Fastow," the magazine ethused.

Here's a picture of Fastow in happier times (second from the right).

Fastow was not Enron's only famous employee.

Former chief executive Jeffrey K. Skilling, likely to take the stand today in his own defense, graced a number of business magazine covers when Enron was riding high. Here, he strikes a Master of the Universe pose across the street from the Enron tower.

And here's a picture of Enron founder Kenneth L. Lay (center), with Skilling (left) and former vice chairman Joe Sutton in a can-do pose (note Skilling's ready-to-work rolled-up sleeves) from Enron's 1999 annual report. Lay is scheduled to testify after Skilling.

By Frank Ahrens |  April 6, 2006; 7:20 AM ET  | Category:  Enronia
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Posted by: Scott | April 6, 2006 09:33 AM

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