I look at transactions, and if they look interesting on the surface, I look deeper.
The way I look at transactions, and the way I look at risk, I have no room for sentiment".
Still, some executives at other companies said they were looking more carefully at transactions with Enron, especially long-term contracts.
"The way I look at transactions, and the way I look at risk, I have no room for sentiment," he says.
"If you are on the sales side," Mr. Roye said, "ask yourself whether you have safeguards in place to prevent unsuitable sales and whether you are taking a second look at transactions that appear to be unsuitable".
So when we're looking at transactions, by and large, we're looking at transactions that have no leverage, where you're buying all equity.
This project involved 85 lawyers from Skadden Arps who looked at transactions from 75 countries.
Modern accounting and GRC techniques look backward at transactions and tries to find those that may be fraudulent or at least require a closer look.
Today, the committee looks at transactions that would result in foreign control, which is generally regarded to be complete or at least majority control of a company.
In looking at transactions, the team realized that people were requesting different shipping addresses for their purchases in order to send items to their friends.
Trustev — which made its debut on the Disrupt stage in 2013 — looks at transactions and the people making them in real time, using big data analytics to make sure that sales are being made by legit entities.
