US executives swear by their results

IT'S TRUE Following a host of corporate scandals over the way earnings and profits are reported, corporate heads said under oath that their figures are now right

REUTERS , WASHINGTON

The troubled energy trading sector had difficulty dealing with the SEC certification order and Sarbanes-Oxley.

Officers of Dynegy Inc told the SEC they could not certify the energy trader's past results, but did certify their most recent quarterly results under the new law.

Conversely, energy company Nicor Inc said officers could not certify interim results under Sarbanes-Oxley, but could certify past results under the SEC order.

Enron did certify its results for the period since Dec. 2, 2001.