1Roles and the dated record
analysisGlisan’s case role combined treasury responsibilities, work on the Raptors and a Southampton investment. The Powers committee criticised his accounting work but qualified its Chewco assessment because he declined to be interviewed: it could not speak with certainty about his knowledge of the consolidation facts. 1
analysisHis guilty plea supplied a more specific account of Talon/Raptor I. Nominal outside capital of $30 million was to be returned with profit through a $41 million put-option payment before it bore the intended risk. Glisan pleaded guilty to conspiracy on 10 September 2003 and received 60 months, with forfeiture. The plea described Talon specifically; the other Raptor vehicles had distinct legal and capital arrangements. 2 1
Sources (2)
- Company statement source · s-doc13 identified by category only · Company statement
- FORMER ENRON TREASURER BEN GLISAN PLEADS GUILTY TO CONSPIRACY TO COMMIT WIRE AND SECURITIES FRAUD U.S. Department of Justice
Recorded connections
- Ben Glisan to Enron Corp. (historical issuer)Treasurerdocumented · Early 2000–November 2001 · historical
- Ben Glisan to Southampton PlaceHeld an undisclosed Southampton interestdocumented · Precise period not established; historical source records dated 2002-02-01 · current or historical not established
- Ben Glisan to LJM2 Co-Investment, L.P.Named as LJM2 principal in offering memorandumdocumented · Precise period not established; historical source records dated 1999-10-12 · current or historical not established
- Ben Glisan to Merrill Lynch & Co., Inc.Participated for Enron in the Nigerian barges transactionreported · Precise period not established; historical source records dated 2003-09-10 · current or historical not established
- Ben Glisan to Barclays bank group (defined transaction scope)Provided verbal repurchase support for J.T. Holdings on Enron behalfreported · Precise period not established; historical source records dated 2000-11-14 · current or historical not established
- Ben Glisan to Chewco InvestmentsPrincipal hands-on Enron participant in the transaction accounting described by Powersreported · Historical transactions examined in 1 February 2002 report · historical
- Ben Glisan to Raptor I–IV (four special-purpose vehicles)Principal hands-on Enron participant in the transaction accounting described by Powersreported · Historical transactions examined in 1 February 2002 report · historical
- Ben Glisan to Enron Global FinanceMember of the Office of the Chairdocumented · By March 2000 · historical
- Ben Glisan to Barclays bank group (defined transaction scope)Provided verbal support covering Barclays’ 3% equity risk in Nikita, according to Batsonreported · September 2001 Nikita transaction records · historical