People & Places

Comments (0) Best Local Boy Gone Bad - 2003

Andrew Fastow

Readers' Choice: Andrew Fastow

To his neighbors and friends, Andrew Fastow was a good-looking young business executive with an art-loving wife and young children. But inside a corporation chock-full of self-proclaimed piranhas competing to chew the most lucrative deals out of customer hides, Chief Financial Officer Andy prided himself on being the biggest and baddest. "We are Enron and we will tear your face off," he once joked to colleagues. His breathtakingly intricate accounting creations, including one named after his tony Southampton neighborhood, pumped up the company with billions of dollars of nonexistent profits, while siphoning off all-too-real millions to himself and a web of favored colleagues. Fastow made his enterprise a family affair, with wife and fellow Enron employee Lea involved in the shady bookkeeping. His two children were even used as conduits for kickbacks, according to subordinate Michael Kopper, who pleaded out with the feds. Fastow now faces nearly 100 felony counts ranging from conspiracy to money laundering, with a possible sentence of more than 1,000 years. The feds filed six counts of tax evasion on Lea. In typical Enron style, when Andy went bad, he did it on a scale larger than life.

Download our Free Best Of App

Write Your Comment

*indicates required fields. Please enable browser cookies before filling out this form. All reader comments are subject to our Terms of Use. By clicking Add Comment, you acknowledge that you have reviewed and agree to these Terms.

Comments may take a few minutes to process and appear on the site. Please do not click the "Add Comment" button again while your comment is being added.

  • *
  • *
  • *
  • *

    (The four characters are not case sensitive):

Search Best Of Awards

for free stuff, concert and dining info & more!

Best of Award Graphics

Most Popular Stories

Browse Voice Nation
  • Voice Places

    Voice Places

    Discover restaurants, nightlife, travel, shopping...

  • VOICE Daily Deals

    VOICE Daily Deals

    Get 50 to 90% off every day on restaurants, movies, massages...

  • Best Of

    Best Of...

    More than 10,000 of the BEST things to eat, drink, and experience

  • My Voice Nation

    My Voice Nation

    Join the Village Voice community and get exclusive deals and info

  • Happy Hour

    Happy Hour

    Your local Happy Hour guide at your fingertips

or

Log in or Sign up

Social Connect:

Use your favorite account to access My Voice Nation.


Use your My Voice Nation account to log in:





Forgot password?
or

Sign Up or Log in

Social Connect:

Sign up for My Voice Nation with your preferred network.


Sign up for a My Voice Nation account:



Privacy policy