“Kenny Boy” Lay and Jeffrey Skilling would have remained small-time crooks were it not for the energy industry deregulation measures they effectively purchased from Bush I and II.
The “Enron Explorer” offers the politically inclined voyeur access to all 200,000 e-mails released during the fraud investigation. The “visualizer” is an excellent tool that creates a visual representation of each executive’s social network. Hopefully they’ll map the Abramoff scandal next. (Via boingboing.net)
Still maintaining his innocence, former Enron CEO Jeffrey Skilling was sentenced Monday to 24 years for his role in the collapse of the energy giant. Skilling’s remaining assets will be liquidated, with about $45 million going to a victims’ fund.
Truthdig salutes the 12 jurors who sacrificed four months of their lives to sift through the lies of former Enron chiefs Ken Lay and Jeffrey Skilling, convicting them on 25 counts of conspiracy to commit securities and wire fraud. Interviewed after the case, jurors were incredulous that the two former titans were unaware of the crimes at their company. “Skilling was supposed to be a hands-on individual,” one juror told a newspaper. “It’s hard to believe a hands-on individual wouldn’t know what was going on.”
That’s what the N.Y. Times calls the conviction of Enron honchos Ken Lay and Jeff Skilling. But Truthdig contributing cartoonist Mr. Fish has a different perspective (click here to see the full cartoon).
Truthdig editor Robert Scheer has written about the crooks from Texas in his new book, “Playing President.” Click here to read some of those classic columns.
The “smartest guys in the room” weren’t smart enough to avoid conviction on securities and wire fraud conspiracy charges in one of the biggest business scandals in U.S. history. After six days of deliberation, the jury rejected Ken Lay’s and Jeff Skilling’s testimony as lies.
“If I were to make an argument against the death penalty for Moussaoui, it would be on grounds of practical public relations. Why let this guy have martyrdom and world fame when we could just put him away?”