Enron Prosecutor: Skilling, Lay 'Told Lie After Lie'

[Judi Lynn]

Enron Prosecutor: Skilling, Lay 'Told Lie After Lie'
Trial Begins for Enron Former CEO and Founder Accused of Conspiracy


Former Enron CEO Jeff Skilling, right, arrives at Houston's federal courthouse with his attorney, Daniel Petrocelli, left, on Tuesday, Jan. 31, 2006. Skilling and Enron founder Ken Lay are facing fraud and conspiracy charges. (David J. Phillip/AP Photo)
By GINA SUNSERI

Jan. 31, 2006 — It's Andrew Fastow's fault. So said Jeff Skilling's lead defense attorney in opening arguments in the Enron trial today.

Attorney Daniel Petrocelli blames Fastow, the former finance chief, and two others, former treasurer Ben Glisan and Fastow aide Michael Kopper.

"They ripped Enron off, they stole. … The evidence is going to be what Fastow stole; {what} Glisan and Kopper stole was hidden from Ken Lay and Skilling," he said.

"The evidence in this case is that Mr. Skilling didn't steal one nickel, you would have heard it, and you didn't. Not one nickel. They accuse him of a lot of things, but they don't accuse him of that," Petrocelli said.
(snip/...)

http://abcnews.go.com/Business/LegalCenter/story?id=1561136&CMP=OTC-RSSFeeds0312

[Red_Viking]

1. He doesn't have to steal to be a criminal...

The defense counsel is just trying to cloud the issues, as he should. But the truth is that he doesn't have to actually steal even a penny to break the law.

And to state the CEO and CFO didn't know what was going on is just a load of bullshit. May they both go down in flames!

Peace,

RV

[Shortyfuse]

2. Hello Florida

What is the name of and what happened to the people that invested the teacher retirement funds into Enron days or weeks before their collapse

[phantom power]

3. If these guys don't do time in a cell, it will be a farce, not justice.

[Sadie5]

4. Innocents

The evidence is going to be what Fastow stole; {what} Glisan and Kopper stole was hidden from Ken Lay and Skilling


Poor innocents. Just didn't know a thing about these thefts. Hope the Jury sends them to jail and they are tired old geezers when they get out.

[happydreams]

5. One thing every reporter on this should remind the reader of

Enron was the largest contributor to Bush's 2000 campaign. When asked Bush said he did not know Lay very well, then it was found out Bush called him "Kenny Boy".