Enron the play, showing right now in the West End, has had rave reviews and is actually rather good. One of AccountR’s very own insiders mustered their cultural receptors at the weekend and headed to the Noel Coward theatre for a viewing.

Conclusion: the plot is conveyed excellently with dazzling energy and without overly burdensome detail. Something that cannot be said for the ongoing fallout of the real-life Enron.

Whilst the West End is entertained by a modern mix of political satire, modern morality and multimedia spectacle; the High Court is still tangling with Enron’s vast web of financial corruption.

The Times: The former head of Royal Bank of Scotland’s (RBS) corporate banking and financial markets group has denied the bank had made a secret arrangement with Enron, the collapsed energy giant, during a £130 million structured finance deal.

Iain Robertson, who sat on the RBS executive board at the time of the Summer 2000 transaction, said that his bankers had received informal assurances from Enron that RBS would make a decent return on the deal — but these were not a clandestine legal agreement.

Mr Robertson, who retired from RBS in 2005, was giving evidence at the High Court on behalf of the bank, which is defending an allegation of fraudulent misrepresentation relating to the Enron deal.

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We doubt either of these are the last word on Enron.