Lay, Skilling convicted in Enron collapse

[Terry Hanushek]

Lay, Skilling convicted in Enron collapse

Kristen Hays
Associated Press

HOUSTON - Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling were convicted Thursday of conspiracy and securities and wire fraud in one of the biggest business scandals in U.S. history.
The verdict put the blame for the 2001 demise of the high-profile energy trader, once the nation's seventh-largest company, squarely on its top two executives. It came in the sixth day of deliberations following a federal criminal trial that lasted nearly four months.
The full article is at:
http://www.philly.com/mld/philly/14660972.htm

Terry

[RAK]

In Texas, no less!:D Think folks are finally ticked off ? Of course, there's still a long way to go before they become "The Smartest Guys in Cell Block No. 9". Now this case takes the long trip up the Federal Appeals Courts ladder, which Bush has loaded with all those Freepers, Creepers and Knuckle-Draggers.

[jcampi]

Thank God for this conviction! These two rats swindled millions from hard working people that worked for the company. Many had their savings and pension wiped out because of these two crooks. Finally, the justice system works and finds these two guilty. I hope they both spend the rest of their life in jail. They will most likey be sentenced to time in a nice white-collar prison. Real justice would have these two rats serve time in a maximum security prison with hardened criminals. That would be just punishment. But, I know it won't happen.