4 1/2 years later, the fate of Kenny Boy and Jeff Skilling to be known

I haven't seen many threads on Enron but I was wondering if anyone has followed this case closely? What are the chances for a guilty verdict?



http://www.canada.com/vancouversun/news/business/story.html?id=a52ae3a5-44eb-45ab-bd92-11a1623cd7a9&k=25249

Skilling was much better than Lay in sheilding his assets as I understand it. That is why I hope he gets the lion's share of the punsihment if he is convicted.

witness stand (as I only read--not witnessed.) I hope both of them are convicted. They ruined the lives of many, many employees and stockholders. I've never seen an ounce of remorse or regret on their part--or even recognition that they "might" have caused others pain. Despicable behavior as far as I'm concerned!

On edit: The regret I witnessed was Ken Lay's wife on some TV news magazine show (48 hrs?; Dateline; ???) crying about how she had to sell their Aspen?/Vail? ski condo because of the "change" in their financial circumstances. That made my blood boil!

How about the long-term employees that lost their entire retirement savings, honey? Many, many employees were devastated by the collapse of Enron. My sister lived in Houston at the time and reported daily on friends of hers who were caught up in this debacle. These men SHOULD NOT be given any breaks. (And, if I were the judge, jury, etc. I'd make them give back all of their ill-gotten earnings so they and their families would have to start over again from scratch. I hate the idea of the wife continuing to live in luxury off the bogus profits of her criminal husband! Sorry, that's just my pet peeve. I ask A LOT of questions about my husband's job and he does the same about mine. I think the wives involved SHOULD have known (or did know) about much of the illicit activities of their husbands! I don't give the families much leeway here, sorry!

be in orange jumpsuits for a good many years to come. It's unconscionable that Kenny Boy is trying to pretend he didn't know what was going on in that sorryass outfit.

It's the boss's job to know what goes on in his company. And it's the boss's job not to screw over the people who work for him.

They sold three in Aspen & three in Galveston.

The second Mrs Lay worked for him--she was never just the rich wifie who did volunteer work. I'm sure she knows where the bodies are buried.

Lay quickly rose to corporate president in 1976. In 1979 he moved on to a bigger company and a higher salary at The Continental Group. In 1980 he asked his wife for a separation; he was having an affair with his secretary Linda Ann Herrold. The divorce was a bitter one, with custody of the children hotly contested and Judith suffering a nervous breakdown that required hospitalization.

But Lay's winning personality made people love being around him, and within a few years after 1982—when the divorce became final and Lay married his lover—Judith and the children mingled with Lay and his new wife for Christmases in Aspen.

www.referenceforbusiness.com/biography/F-L/Lay-Ken-1942.html

I think that Lay's millions were more effective than his "winning personality." The first Mrs Lay probably decided she'd rather be rich & free than back in the "hospital."

a long time ago for at least some of the crimes they committed while the government pursued the rest. Imho.

the Jury's body language didn't bode well for Lay or Skilling during their closing statements - I think - sorry that is all I have, I trust him though he has been covering this like David Schuster covers the Plame Scandal


on edit: I nominated this to raise awareness to your question(s), and to raise awareness in this period - this will be a historic verdict and people should be paying attention.

Surely the'll feel right at home with the iraqi people, given their mission
to help mankind and longstanding goodwill with all regular folks, just like
in those smiling enron commercials. Surely the tan will save money on
funeral makeup.

the Hollywood televised trials.

Fucken ridiculous. Put em away for life. Take away the pResident's power to pardon. Forever.

I am from Central California, and during the "energy crisis" children and the elderly greatly suffered as they went with out electricity for several days at a time, in 110-120 degree weather. People had to to decide what to cut as their electric bill went from 50.00 to 500.00. My mom was a 2nd grade teacher at the time at a year round school this little children suffered at their homes with out air, and in the classrooms that had no lights or air.
* small business went under because of their losses do to days without electricity. Like small grocery stores, beauty shops, etc. Small fruit/vegetable packing sheds.. lost all their produce... while the large corporate packing sheds received their electricity from the Nevada grid.. they were able to buyout the bankrupt small packing sheds. It was so sickening that the national media did not report it. It reminds me in a small scales as to what happened during Katrina. It was at that time I knew the evilness of Dick Cheney and George W Bush.. and especially of the leaders of Enron, Duke Energy, and Reliant. You can read about Enron's participation at the Senate hearing archives of "California Energy Crisis"

I hope the bastards fry.

I haven't been able to run A/C for the last coupla years, thanks to these clowns.

May they get what they deserve, and then some.

sleazes.

of conviction. The government has a huge uphill battle for this kind of conviction -- especially since it seems most of the charges are nebulous.

The government under the laws in force at the time must prove that they are not merely spectacularly incompetent, but malicious. Its a hard case -- but hopefully they (the govt) will prevail.

The laws have changed since then, and future convictions would be easier to obtain.

is just another Enron, and bigger and deeper in debt. Scary.

Make them serve out their sentences in California. I'm sure the High Desert or Central Valley has a nice prison that would be perfect for them.........

If we could ensure the cells were not air-conditioned. (& let's encourage some healthful outdoor work.)

West Texas with its desert heat (& rattlesnakes)?

Or the Gulf Coast with its legendary heat & humidity (& alligators)?

There are many suitable options.