Sherron Watkins: The Party Crasher

On Feb. 13, the day before she gave the first of two damning testimonials to Congress, Enron vice president Sherron Watkins spent the afternoon in a cluttered conference room in the Rayburn House building on Capitol Hill. It was a cram session of sorts, a final chance for Watkins, her attorney and congressional staff members to review the dozens of subpoenaed documents she would be quizzed on the next morning. As they ate cold pizza, someone drew her attention to an e-mail titled "Confidential Employee Matter" that had been written by one of Enron's external lawyers. "Per your request," it began,...