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Andy Fastow Featured Former CFO of Enron; Risk Management, Ethics, and HR Expert

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  • Unbiased: How to Manage Risk in the Gray Zone
  • Rules Versus Principles
  • Why Does Enron Keep Happening?

Andy Fastow was the Chief Financial Officer of Enron Corp. from 1998 – 2001. In 2004, he pled guilty to two counts of securities fraud, and was sentenced to six years in federal prison. He completed his sentence in 2011, and now lives with his family in Houston, Texas. Andy currently consults with management, directors, attorneys, and hedge funds on how to best identify potentially critical finance, accounting, compensation, and cultural issues.

His training sessions focus on risk in the “gray zone”, where decisions that may technically be allowed give rise to risks that are not properly considered. He helps attendees better understand the limited role of auditors and attorneys, how technically-correct but ethically-challenged decisions may be interpreted by the market, and the steps they can take to become more self-aware and able to identify, price, and manage these risks.

Andy is the only Enron executive that has taken full responsibility for his actions and has both repeatedly and publicly expressed remorse. In addition to serving his prison sentence, Andy forfeited far more money than he ever earned at Enron. He is credited with being the individual most responsible for helping recover $6 billion for Enron shareholders.

His sessions are also typically awarded 1 ½ hours of CLE and CPE Ethics credits.

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