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Algorem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 09:54 AM
Original message
Enron defense has work cut out for it
http://www.usatoday.com/money/industries/energy/2005-11-20-enron-usat_x.htm

Posted 11/20/2005 10:16 PM

Lawyers for Enron's former chairman Ken Lay and CEO Jeffrey Skilling, who are set for trial in January, face an unusual challenge: About 90 former Enron executives are labeled "unindicted co-conspirators."
Most of them don't even know they're in this legal limbo. But defense lawyers told the trial judge last week that the situation is making it nearly impossible to find people willing to testify for the defense.

An unindicted co-conspirator is someone prosecutors think was involved in a crime but who hasn't been charged in the case.

This isn't the only challenge for Enron defense lawyers. The company's collapse in 2001 still haunts Houston, where the trial will be held. Thousands of layoffs were direct or indirect results of Enron's crash. Pensions of many local retirees were wiped out. Lingering anger toward the company could affect the jury pool.

Nearly four years after launching their fraud investigation of Enron, and after the prosecution of more than 30 individuals, prosecutors still have a grand jury impaneled that could indict additional people...

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Daphne08 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 10:02 AM
Response to Original message
1. I hope they throw the book at Lay!
What he did is unforgivable. Just sinful.

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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 10:11 AM
Response to Original message
2. how are they going to put a jury together in Houston?
It would seem to me a difficult challenge, at best, to find a group of people who know nothing about the case. :shrug:

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PDittie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 10:16 AM
Response to Original message
3. I really hope I get picked for this jury
I didn't own any Enron (directly) I only knew a few people who worked there, and ...

I have no preformed opinions. :evilgrin:
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Algorem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 11:10 AM
Response to Original message
4. Can't they get Bush and Cheney to testify for their old buddy Kennyboy?
Poopy must be pals with Lay,too,so why not Poopy?
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 11:21 AM
Response to Original message
5. Finally! America Gets Its Day In Court
or rather, Kenny Boy does. We've only been waiting 5 years for this.
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-05 11:33 AM
Response to Original message
6. How does this 'unindicted co-conpirator' rule work?
Does that mean that investigators strongly suspect conspiracy or involvement and the subjects are therefore biased?

And in the absence of evidence, how can the court make that determination?
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DoYouEverWonder Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 12:30 AM
Response to Original message
7. Enron defense has work cut out for it
Nov 21, 2005

Lawyers for Enron's former chairman Ken Lay and CEO Jeffrey Skilling, who are set for trial in January, face an unusual challenge: About 90 former Enron executives are labeled "unindicted co-conspirators."

Most of them don't even know they're in this legal limbo. But defense lawyers told the trial judge last week that the situation is making it nearly impossible to find people willing to testify for the defense.

An unindicted co-conspirator is someone prosecutors think was involved in a crime but who hasn't been charged in the case.

This isn't the only challenge for Enron defense lawyers. The company's collapse in 2001 still haunts Houston, where the trial will be held. Thousands of layoffs were direct or indirect results of Enron's crash. Pensions of many local retirees were wiped out. Lingering anger toward the company could affect the jury pool.

http://news.yahoo.com/s/usatoday/20051121/bs_usatoday/enrondefensehasworkcutoutforit

Well the wheels of justice grind slowly but at least they are still grinding.

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Midnight Rambler Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 12:30 AM
Response to Reply #7
8. "Oh Kenny Boy... the Feds, the Feds are calling..."
To quote Robin Williams.

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MsConduct Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-22-05 12:31 AM
Response to Reply #7
9. Awww, those poor widdle thieving bastids. I 'll probably be
crying my eyes out for them all night! :cry:
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