|Ex-Enron Internet Chief Describes Losing Power|
|Lisa Minter (email@example.com)|
Mon, 27 Jun 2005 20:55:57 -0500
By Mark Babineck|
The former Oregon-based co-chief executive of Enron Corp.'s broadband
Joseph Hirko, under questioning by his defense lawyer that began last
By the end of 1999, most of ECI's leadership roles had been filled by
"(Rice) brought in new people and new departments as well," Hirko
Hirko, along with former Internet unit executives Rex Shelby, Scott
All five men have pleaded innocent.
Rice was a fellow co-defendant until he entered into a plea agreement
On cross-examination Monday afternoon, prosecutor Ben Campbell pressed
Hirko dismissed the appraisal, saying the problems were limited and he
Campbell later showed jurors several slides Hirko used in 1999
Hirko told jurors he felt his power diminishing in 2000 and he
Skilling has pleaded innocent and awaits trial next year.
According to Hirko, Skilling said Hirko needed to move from Portland,
Hirko refused, citing a contract clause that called for him to remain
"(Skilling) said, 'Frankly, I think the reason you didn't want to move
Ultimately, Hirko said he agreed to commute to Houston on weekdays,
Hirko quoted Skilling as saying: "I've decided to go with Ken. I'm
EBS imploded about a year later. Enron Corp. declared bankruptcy in
Nevertheless, Hirko told jurors he always believed in the unit and
"I was very proud of what the company and the people accomplished,"
Lawyers estimated the trial, which began in April and originally was
Copyright 2005 Reuters Limited.
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