HP3000-L Archives

May 2006, Week 4

HP3000-L@RAVEN.UTC.EDU
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Subject:
OT: ENRON
From:
Michael Baier <[log in to unmask]>
Reply To:
Michael Baier <[log in to unmask]>
Date:
Thu, 25 May 2006 12:14:46 -0400
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former GWB friend "kenny-boy" is guilty.

Skilling and Lay guilty
Ex-CEO and founder convicted on fraud and conspiracy charges in Enron case.
May 25, 2006: 12:10 PM EDT


HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling and 
founder Kenneth Lay were found guilty Thursday of conspiracy and fraud in 
the granddaddy of all corporate fraud cases.

On the sixth day of deliberations, a jury of eight women and four men 
convicted the former executives of misleading the public about the true 
financial health of Enron, whose collapse in late 2001 symbolized the wave 
of corporate fraud that swept the United States early this decade.

Skilling was found guilty of 20 of 28 counts against him.

Lay was found guilty on all six counts of conspiracy and fraud.

In a separate bench trial, Judge Sim Lake ruled Lay was guilty of four 
counts of fraud and false statements.

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