We have to regroup. We don't have the ability to snap a finger and have Mr. Causey stand up and explain all of the accounting conditions and judgments that were made.
Quotes about causey (10 Quotes)
One thing prosecutors can expect to get from Causey is testimony that he met with Ken Lay during that period and made him aware of how deep the plight was at Enron. By the time of Lay's return, Enron was almost like the Titanic after it hit the iceberg.
I've talked to Rick Causey myself, and I don't believe he willfully did anything wrong. I don't believe he would agree to plead guilty to a crime when he didn't commit one.
What it really means is a shorter, more focused trial, which is better for the government. It probably takes out of the equation some of the more complex accounting issues. The defense was likely hoping to make this case seem like a complex civil financial fraud case, and without Causey, that will be more difficult.
I've talked to Rick Causey, and he does not have the willful, knowing, intentional state of mind it takes to commit a crime. If I ever met a guy with a pure heart, it's Rick Causey.
They had to have some contingency plan for trial preparations for a case without Causey. Now they just put that plan in place.
He will regret the damage and the hurt that so many people suffered as a result of this tragedy. Mr. Causey signed a plea agreement, not a cooperation agreement. To the extent that he has any involvement in upcoming legal proceedings, he will do one thing -- he will tell the truth because that's who he is, that's what he should do and that's what he is going to do.
I think we're going to have a case that's largely about accounting allegations...where the government is going to refuse to call either David Duncan, who was the chief engagement partner for Arthur Andersen, or Rick Causey.
Causey has no defense. He's an accountant, and he was right there at ground zero.
Why did Causey enter a plea so close to the trial The reality of it, the unavoidability of it, finally hit him.