HOUSTON (Reuters) - A jury found former Enron Corp. chief executives Ken Lay and Jeffrey Skilling guilty of lying about the company's financial troubles in a verdict on Thursday that could send them to jail for years.Of course, they are going to pull out all the stops to appeal these decisions. They have the cash to hire the very best liers (oop, I mean Lawyers)...let's hope they get what they deserve instead of what they can afford.
The convictions in a business scandal that sent shockwaves to Wall Street and Washington were a major victory for U.S. prosecutors intent on sending a message that corporate America must clean up its act.
Lay, 64, was convicted of six counts of conspiracy and fraud and faces up to 45 years in prison.
Skilling was found guilty of 19 counts of conspiracy, fraud, insider trading and making false statements which, combined, carry a maximum sentence of 185 years. He was not convicted on nine criminal counts.
Thursday, May 25, 2006
Forget About Justice Sunday: Let's Call This Justice Thursday
Skilling and Lay get what they deserve. Let's hope the jury files these asswipes away for a long time, and extract all our hard earned dollars lost on their extortion from their estates. Finally some good news: