1. Lay approved the arrangements under which Enron permitted Fastow to engage in related-party transactions with Enron and authorized the Rhythms transaction and three of the Raptor vehicles. 2. Lay personally approved the arrangements under which his subordinates were permitted to engage in dealings with the partnerships, according to Powers. 3. Lay personally approved the arrangements under which his subordinates were permitted to engage in dealings with the partnerships, according to the report. 4. Lay personally approved the arrangements under which Enron permitted Fastow to engage in his dealings with the partnerships, according to the report. |
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