Ken Lay and Jeff Skilling have been found guilty in the Enron Bankrupcy trial. Key Lay is guilty on all charges while Skilling was only convicted on 19 of 28 charges. had he been convicted he could have faced 275 years in prison. Ken Lay is facing a maximum of 45 years which seems too short too me but considering that hes 64 years old it should be enough to effectively be life in jail. Lay said that the collapse of enron is the most painfull thing thats ever happened to him, of course he hasnt dropped the soap in the shower yet....
this is on every news site by now, or should be so ill give ya the first that showed up for me.
The Guardian UK
And the blog I first heard it from.
America Blog, because a great country deserves the truth
Thursday, May 25, 2006
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2 comments:
What I'd like to see is when senior administration officials, like Bush, sold *their* Enron stock!
Ha, good point. he could be commander in cheif in jail. the pres goes down for insider trading of all things. Ive been hoping he would go down for war crimes but insider trading would be a good start.
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