Extra! Extra!
In a good day for American jurisprudence, Ken Lay and Jeff Skilling, of Enron (in)fame, were finally brought to justice.
After 15 weeks of trial and some 54 witnesses brought to the stand, the jury came to a verdict on their sixth day of deliberations.
From the BBC:
In all, Skilling has been found guilty on 19 of the 28 counts he faced - with the "not guilty" verdicts coming on some of the charges of insider trading.
He could face as much as 185 years in jail.
Lay, however, has been found guilty of all six fraud and conspiracy charges that he faced. He could face as much as 45 years behind bars.
I feel good about these developments, though not necessaily excited. I'm just glad the crooks finally got their day.
Up next: Wal-Mart, Coca-Cola, McDonald's, Nike, ExxonMobile, and all tapas restaurants.
After 15 weeks of trial and some 54 witnesses brought to the stand, the jury came to a verdict on their sixth day of deliberations.
From the BBC:
In all, Skilling has been found guilty on 19 of the 28 counts he faced - with the "not guilty" verdicts coming on some of the charges of insider trading.
He could face as much as 185 years in jail.
Lay, however, has been found guilty of all six fraud and conspiracy charges that he faced. He could face as much as 45 years behind bars.
I feel good about these developments, though not necessaily excited. I'm just glad the crooks finally got their day.
Up next: Wal-Mart, Coca-Cola, McDonald's, Nike, ExxonMobile, and all tapas restaurants.