booooo fricking hoooooo--skilling sentenced today

[niyad]

I cannot BELIEVE the NYT published this garbage, making it seem as though this poor man was valiantly facing life in the face of vast misfortune. What a bloody crock. and the fact that he still refuses to acknowledge any guilt is sickening. May he rot. . . .

The Guidelines Now Tougher, Skilling to Face Sentence Today


By ALEXEI BARRIONUEVO

Kenneth L. Lay, Enron’s co-founder, died of heart problems. His conviction was vacated.
Mr. Skilling, 52, a former Enron chief executive, will stand in federal court here on Monday and receive a sentence that many expect will keep him in prison for the rest of his life. Most legal experts are betting that United States District Judge Simeon T. Lake III will give Mr. Skilling a sentence of at least 25 years for his role in heading a conspiracy to defraud Enron investors. Should it exceed that, it would be the longest sentence ever handed down for a white-collar criminal.

. . . . . . . . .



.

For Mr. Skilling, this summer was about coping. After the verdict in May, he spent significant time with his three children, traveling to California with his daughter and to a dude ranch with his youngest son, said friends, family members and his lead lawyer, Daniel Petrocelli. Neighbors in Houston said they saw little of Mr. Skilling, although he occasionally rented videos from a store near his home. Virtually all Mr. Skilling’s net worth, around $55 million, is frozen by the government. He owes O’Melveny & Myers, the law firm that handled his defense, more than $30 million, Mr. Petrocelli said.

Mr. Skilling seemed to stay out of Houston as much as possible, spending time at a condominium he owns in Dallas, where his daughter had been a student at Southern Methodist University. But Mr. Skilling’s coping also meant drinking again, despite a court order that forbade him to do so after a much-publicized night of drunkenness in April 2004 at a Manhattan cigar bar, when Mr. Skilling scuffled with some other patrons.

His summer travel ended after he was arrested in Dallas last month for public intoxication. He pleaded no contest and paid a fine. That night, he was out with his brother Mark and his daughter at a Mexican restaurant and had some margaritas, which did not mix well with his prescription medicine, Mr. Petrocelli said. He was walking home to the condo when he was stopped by a police officer; he spent a night in jail. Mr. Skilling has said he took solace in the bottle to cope with depression. Not being allowed to have an occasional drink “is unreasonable, considering the stresses he is under,” Mr. Petrocelli said.
. . . . .

Jeff is sorry for the consequences of Enron’s failure, but he doesn’t believe he committed any crimes,” Mr. Petrocelli said. “And our view is that many of the people that pleaded guilty to crimes at Enron were not guilty.”
. . . . . . .

http://www.nytimes.com/2006/10/23/business/businessspec...

[Philosoraptor]

1. o.k. people, get out those teeny tiny violins

[MrCoffee]

2. Have fun in jail, Jeff, you wanker! n/t

[tularetom]

3. Maybe he will "die" before he has to go to jail

and his conviction will be set aside and his "heirs" will get to keep all the money he stole from employees, stockholders, and CA power customers.

[savemefromdumbya]

4. my heart bleeds for him

he doesn't believe he committed any crimes, aw!

tell that to the Enron investors in the old days he would have been lynched.

[marions ghost]

5. it's only white collar crime...

not a real crime. Nobody was hurt. Therefore there was no crime.

A surprisingly common attitude.