Enron swindler Jeffrey Skilling freed from Texas halfway house after 12 years behind bars

[TexasTowelie]

Former Enron Corp. CEO Jeffrey Skilling has been released from federal custody after more than a decade behind bars.

Skilling, convicted in 2006 over one of the worst corporate meltdowns in history, was freed Thursday after 12 years in a minimum-security Alabama prison camp and six months in a Texas halfway house.

Skilling, now 65, was sentenced to 24 years in prison and fined $45 million for multiple counts of securities fraud, conspiracy and other crimes. In 2013, the sentence was reduced to 14 years.

Houston-based Enron collapsed into bankruptcy in 2001 after years of illicit business deals and accounting tricks that put more than 5,000 people out of work, eliminated over $2 billion in employee pensions and rendered worthless $60 billion in Enron stock.

https://www.dallasnews.com/news/courts/2019/02/21/enron-swindler-jeffrey-skilling-freed-texas-halfway-house-after-12-years-behind-bars
(no more at link)

[underpants]

1. Plenty of job opportunities

?quality=90&strip=all

[mucifer]

3. his older brother is a very popular Chicago weatherman

who is not a fan of his little brother and has been sounding the alarms on climate change.

[HubertHeaver]

6. Good to hear "Skillful Skilling" is still around.

I remember both he and "Roger-the-Weather-Dodger" discussing the distinction between weather and climate with a rather dismissive on-air radio host.

[MyOwnPeace]

4. Good one!

Certainly has all of the proper background and experience to fit in well with IQ45's cabinet!

[TexasProgresive]

2. tRump would nominate him to head the Fed or Treasury.

[2naSalit]

5. Next Cabinet member

fresh outta the slammer.