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BBC: Enron's boss due to be sentenced

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mogster Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 03:50 AM
Original message
BBC: Enron's boss due to be sentenced
Sentencing of former Enron boss Jeffrey Skilling is due to start later on Monday for his role in the giant fraud that led to the firm's 2001 collapse.
Skilling, who back in May was found guilty on 19 counts including fraud, conspiracy and insider trading, could receive 20 to 30 years in prison.

The former Enron chief executive was tried and convicted together with the firm's former chairman Kenneth Lay.

Mr Lay has since died and his own convictions have been quashed.

More:
http://news.bbc.co.uk/2/hi/business/6075072.stm
---------------------------

See also this for depth:
Q&A: The Enron case
The rise and fall of Enron

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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 03:53 AM
Response to Original message
1. I can think of all sorts of unpleasant things for him to do for the next
Thrity years besides sitting in jail on the taxpayer's dime.
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 04:01 AM
Response to Original message
2. Jeffrey's killing?
Wouldn't that be Cliff Baxter?

When I saw Skilling testify that he was not involved in Baxter's death, I had a gut level certainty that I was watching a man lie his ass off.
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wakeme2008 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 04:14 AM
Response to Original message
3. Poor Poor Jeff
Mr Skilling's lawyer has already asked that his client be allowed to remain free pending appeal, or to at least not have to go to prison before 27 November - after the Thanksgiving holiday.



Poor baby he want to be home for Thanksgiving... :grr:

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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-23-06 05:05 AM
Response to Original message
4. ken is in the relocation program somewhere.. enjoying our money
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