The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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2/01/2007
Enron's Kopper Reports to Jail
Former Enron Corporation finance executive Michael J. Kopper, who ran many of the illict partnerships used to obfuscate Enron's creative accounting, reported to prison yesterday in Big Spring, Texas.

Kopper was a chief underling for Andy Fastow and in exchange for lenience provided information useful to the prosecution in convicting his former boss (Fastow is currently serving time one state over in Oakdale, Louisiana).

In exchange for his cooperation Kopper received a 37 month term our of the 15 years possible in his sentencing.

-- MDT

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