1Roles and the dated record
analysisMcMahon was part of Enron’s treasury and finance leadership before becoming CFO in the final weeks before bankruptcy. The Powers inquiry recorded a disputed March 2000 conversation in which he said he warned Skilling about pressure associated with LJM. The report did not resolve all differences between their accounts. 1 2
analysisIn June 2007 McMahon agreed to settle SEC allegations concerning the Nigerian barge transaction and rating-agency disclosures. Without admitting or denying the allegations, he accepted an injunction, five-year officer-and-director bar and $300,000 in combined disgorgement, interest and penalty. The release said court approval was still required; its accounting suspension allowed reapplication after three years. These terms were a distinct resolution of his case. 1
Sources (2)
- SEC charges Jeffrey McMahon and announces settlement — Litigation Release 20159 U.S. Securities and Exchange Commission
- Company statement source · s-doc13 identified by category only · Company statement
Recorded connections
- Jeffrey McMahon to Enron Corp. (historical issuer)Treasurerdocumented · April 1998–February/March 2000; retained sources differ on the end month · historical
- Jeffrey McMahon to Enron Corp. (historical issuer)Chief financial officerdocumented · From 24 October 2001; precise end date not established · historical
- Jeffrey McMahon to Enron Corp. (historical issuer)President and chief operating officerdocumented · After bankruptcy; resignation effective 1 June 2002 · historical
- Jeffrey McMahon to Merrill Lynch & Co., Inc.Participated for Enron in the barges transaction and alleged oral exit agreementreported · Precise period not established; historical source records dated 2001-10-24 · current or historical not established
- Enron Corp. (historical issuer) to Jeffrey McMahonEnron committee pursued claims against McMahonreported · Precise period not established; historical source records dated 2004 · historical
- Jeffrey McMahon to Zilkha Biomass EnergyPresident of Zilkha Biomass Energyreported · From 2004; end not established · current or historical not established