A FLASH FLOOD WATCH is in effect for Lee County until 7pm Sunday, Milam, Robertson, Leon Counties until 12am Monday and Austin, Brazos, Burleson, Grimes, Houston, Madison, Montgomery,San Jacinto, Trinity, Walker, Waller, and Washington Counties until 12am Tuesday. Widespread 2" to 4" rain accumulations are possible through Monday, with localized 8" to 11" possible.
Testimony in the Enron trial resumes this morning with jurors hearing from Chris Loehr, one of former Chief Financial Officer Andrew Fastow's employees at the LJM partnerships.
Prosecutors say Sherron Watkins, the Enron executive who sent Lay a memo months before Enron's fall warning that Fastow's accounting schemes could wreck the company, should testify this week as well.
Defense teams for former Enron CEOs Kenneth Lay and Jeffrey Skilling pursued similar lines of attack against Fastow, painting him as a greedy liar with no hard evidence to back up his testimony against his ex-bosses.
The key prosecution witness yesterday wrapped up three days of rigorous cross-examination, insisting he was "ashamed to the core" by the crimes he committed. He said he was in court only to tell the truth, not to put Skilling and Lay away.
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