That day, Enron declared a US$618 million loss in the third quarter and Lay said termination of one of the partnerships was wiping out US$1.2 billion in shareholder equity.
Watkins also challenged Skilling's assertion that he wasn't required to sign approval sheets for the partnership transactions.
"No deal could be done without all those approvals," she said, backing up testimony last week by Enron lawyer Jordan Mintz.



