Breaking: Enron execs found guilty
posted at 12:08 pm on May 25, 2006 by Allahpundit
CNN says Ken Lay has been found guilty on all six conspiracy charges while Fox says Jeff Skilling is guilty of fraud and conspiracy. Sic semper corruptis.
Update: Lay has found Jesus.
Blowback
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The MSM, and most of the blogosphere, rarely mention that Enron, WorldCom, Abramoff and other headline criminals committed their crimes during the previous administration but this administration caught them and prosecuted them.
chsw
chsw on May 25, 2006 at 12:22 PM
yeah, see it’s all Bush’s fault, you know when he was governor.
Brian on May 25, 2006 at 12:31 PM
The system works
The guilty are punished
The only problem is the libs want them exectued
Defector01 on May 25, 2006 at 12:45 PM
Skilling and Lay will do their time in minimun security prison; as they are guilty, it is only right that they forfeit the rest of their free lives. I’m fine with that.
Doug on May 25, 2006 at 1:51 PM
Now, if we could only prosecute corporate bigwigs for the flood of illegals across the border.
speed647 on May 25, 2006 at 2:03 PM
There really IS a God!!!!
OBX Pete on May 25, 2006 at 2:33 PM
In addition to prison, these two scumbags should have to pay restitution to investors & former Enron employees.
Abigail Adams on May 25, 2006 at 2:48 PM
Good for him. Now to show his faith, he should publicly confess, and do his time without complaint.
high_desert_wanderer on May 25, 2006 at 3:34 PM
i was living in houston at the time and it was baaaaaaaaaad. i’m glad they were caught. they were both pretty arrogant, even though they gave a TON of money to charitable causes in and around town. serves them right. let them rot.
pullingmyhairout on May 25, 2006 at 5:00 PM
To date there are five financial institutions that have been directed to $7.2 billion back to Enron shareholders for their part in helping Enron to conceal it’s problems. The shareholders and employees claim $40 billion in damages, however, so they still have a looooong way to go. Any restitution imposed on Lay and Skilling would only be symbolic. About the worst it would do is force their wives to drive their own Yugos.
inmanjh on May 25, 2006 at 5:03 PM
No way for Lay to get an impartial jury in Houston. The trial should have been moved. I am not a fan of Mr. Lay,
but following the news in Houston, there was just as much evidence to say he was not guilty as evidence to say he was.
And all the evidence was hearsay….no paper trail…no e-mail or computer trail, just former subordinates that were
testifying against Mr. Lay in order to receive reduced sentences from the Feds.
gary on May 26, 2006 at 5:51 PM
White-collar crime on this scale eclipses simple theft, robbery, murder, or rape. The scope of damage they caused to their employees, and plundering trusting communities, in my opinion, warrants death.
When you damage the lives of thousands you are in league with the most vile and corrupt villains.
Rode Werk on May 27, 2006 at 7:57 PM