Former Top Enron Executive Jeffrey Skilling Faces Up to 20 Years in Prison at SentencingHOUSTON (AP) -- After his conviction earlier this year for orchestrating one of the nation's biggest financial scandals, former Enron Corp. Chief Executive Officer Jeffrey Skilling was to learn Monday how long he would have to spend behind bars.
Before the sentence is handed down, Skilling will have to listen to victims of Enron's 2001 collapse.
They have been allowed by U.S. Judge Sim Lake to speak at the hearing about how the company's implosion affected their lives. The collapse wiped out thousands of jobs, more than $60 billion in market value and more than $2 billion in pension plans.
At least 10 people signed up to speak at the sentencing, including an attorney for the employees' savings and stock plans, who had prepared a 30-minute statement.
http://biz.yahoo.com/ap/061023/enron_skilling.html?.v=2
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