LLANO, TX – When Enron filed for bankruptcy on December 2, 2001-at the time the largest bankruptcy in U.S. history-the once high-flying energy company cemented its reputation as the very symbol of corporate fraud.
Its top executives, including Chairman Ken Lay, CEO Jeffrey Skilling and Chief Financial Officer Andy Fastow became household names, and the term “Enron accounting” joined the business and political lexicons.
Eventually, dozens of high-profile convictions and some tough corporate reforms later, the public moved on.
But on a sprawling, picturesque ranch here in the Texas hill country outside Austin, F. Scott Yeager can’t move on. Not yet.
“I try to put behind me, I try to go on with life,” Yeager said in an exclusive interview. “But the part that keeps taking me back, let’s call it, the injustice anger part.”
After years of silence, Yeager agreed to speak to CNBC in hopes of changing the widespread public perceptions about Enron and the sweeping federal investigation that followed. He was one of dozens of executives ensnared in that probe, but in 2009 became one of the only ones cleared of criminal
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