Rise & fall of Enron

February Enron president and chief operating officer Jeffrey Skilling takes over as chief executive from Kenneth Lay. Lay remains as chairman.

August Skilling resigns; Lay named CEO again.

Oct. 16 Enron reports $638-million third-quarter loss and discloses $1.2-billion reduction in the value of shareholders' stake in the company.

Oct. 22 Enron acknowledges an SEC inquiry.

Oct. 24 Enron ousts chief financial officer Andrew Fastow.

Nov. 28 Enron stock plunges below $1.

Dec. 2 Enron files for Chapter 11 bankruptcy.

Jan. 9 Justice Department confirms it has begun a criminal investigation.

Jan. 23 Lay resigns.

March 14 Former Enron auditor Arthur Andersen LLP indicted on charges of destroying Enron-related documents.

June 15 Andersen convicted of obstruction.

Oct. 31 Fastow indicted on 78 charges.

March 19 Enron announces plan to emerge from bankruptcy as two companies.

Sept. 10 Former Enron treasurer Ben Glisan Jr. pleads guilty to conspiracy, gets five years.

Jan. 14 Fastow pleads guilty to conspiracy.

Feb. 19 Skilling indicted, pleads innocent to 35 counts.

- Associated Press