1Roles and the dated record
analysisKopper’s Chewco role was central to the distinction between apparent outside investment and employee-linked control. He invested in and managed Chewco’s general partner while working under Fastow. The Powers report described substantial benefits to Kopper and his co-investor but did not attribute every partnership distribution to Kopper personally. 1 2
analysisEnron said Kopper acquired Fastow’s LJM interests in July 2001 after resigning. His Southampton investments and participation in the Rhythms unwind were another role, involving value transferred to employee investors and allegations about the price paid for NatWest’s interest. Those relationships do not justify treating every person around LJM as sharing the same conduct.
analysisKopper pleaded guilty to wire-fraud and money-laundering conspiracies in August 2002 and agreed to cooperate. His separate SEC settlement, entered without admitting or denying its civil allegations, provided a permanent injunction, officer-and-director bar and approximately $12 million recovery or forfeiture. He received a 37-month prison sentence in autumn 2006. 5 4 6
Sources (6)
- Company statement source · s-doc13 identified by category only · Company statement
- Company statement source · s-doc7 identified by category only · Company statement
- SEC charges Andrew S. Fastow with fraud — Litigation Release 17762 U.S. Securities and Exchange Commission
- SEC charges Michael J. Kopper and announces settlement — Litigation Release 17692 U.S. Securities and Exchange Commission
- #08-21-02: Statement of Deputy Attorney General LARRY D. THOMPSON Kopper Plea/Forfeiture/Freeze Press Conference August 21, 2002 Washington, DC U.S. Department of Justice
- Media source · s-doc138 identified by category only · Media
Recorded connections
- Michael J. Kopper to Chewco InvestmentsManaged/owned the Chewco general-partner interests and helped establish Chewcodocumented · Precise period not established; historical source records dated 1997-12, 2001-10, 2001-11-08, 2002-02-01, 2002-08-21, 2002-10-02 · current or historical not established
- Andrew S. Fastow to Michael J. KopperFastow sold LJM interests; Kopper acquired interests and managementdocumented · Precise period not established; historical source records dated 2001-07-31, 2002-08-21 · current or historical not established
- Michael J. Kopper to Enron Corp. (historical issuer)Finance executive; managing director, Enron Global Finance; head of Special Projectsdocumented · 1994–2001-07 · historical
- Michael J. Kopper to Southampton PlaceInvestor and recipient of Southampton proceedsdocumented · Precise period not established; historical source records dated 2002-02-01, 2002-08-21 · current or historical not established
- Michael J. Kopper to RADRLent funds to nominee investors in RADR entitiesreported · Precise period not established; historical source records dated 2002-10-02 · current or historical not established
- Michael J. Kopper to LJM2 Co-Investment, L.P.Named LJM2 principal; managed Capital Management affiliatedocumented · Precise period not established; historical source records dated 1999-10-12, 2002-08-21 · current or historical not established
- Michael J. Kopper to Andrew S. FastowReportedtoFastow; served as close finance aidedocumented · Precise period not established; historical source records dated 2002-08-21, 2007-01-31 · current or historical not established
- LJM2 Co-Investment, L.P. to Michael J. KopperLJM2, through its successor trust, sued recipients of alleged transfersdocumented · Precise period not established; historical source records dated 2005-07-25 · current or historical not established
- Michael J. Kopper to LJM2 Capital Management, L.P.Plaintiff alleged control of LJM2 Capital Managementreported · Plaintiff alleged 1999–4 January 2002; purchase of interests independently described in July 2001 · historical
- Michael J. Kopper to LJM2 Co-Investment, L.P.Ran LJM2 after acquiring affiliated entitiesdocumented · From late July 2001; precise end not established · current or historical not established
- Michael J. Kopper to Andrew S. FastowKopper shared Chewco payments with Fastowreported · Precise period not established; historical source records dated 2000-12 · current or historical not established
- Michael J. Kopper to William DodsonDomestic partners and Chewco investment participantsreported · Precise period not established; historical source records dated 1997-12, 2002-08-21, 2005-07-25 · current or historical not established
- Michael J. Kopper to Lea W. FastowSEC alleged payment of approximately $54,000 for Chewco administrative assistancereported · Historical Chewco payments examined in August 2002 complaint; exact payment dates unstated · historical