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Ex-Dynegy Finance Pair Get Prison Terms

Due to a 2002 trading and financing scheme that helped the energy company inflate its reported cash flow by as much as $300 million.

> > Gene Foster, the former VP of tax, got 15 months behind bars, three years of probation, and a $1,000 fine, according to The Houston Chronicle. Helen Sharkey, a former member of the risk control and deal structure group at Dynegy, will serve 30 days in prison and be required to pay a $10,000 fine immediately.
Source: CFO


Published:2006-01-11
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