White House, lawmakers cite Skilling, Lay verdicts

[MaineDem]

WASHINGTON (Reuters) - The Bush administration and U.S. lawmakers said on Thursday the guilty verdicts against former Enron Corp. chief executives Kenneth Lay and Jeffrey Skilling sent a strong message on corporate corruption.

"We congratulate the (U.S.) Justice Department on successfully concluding a highly complex legal proceeding that led to the convictions," White House spokesman Tony Snow said.

"The administration has been pretty clear there's no tolerance for corporate corruption and, furthermore, the Justice Department has been going aggressively after those who are involved in corporate corruption," Snow said.

...

"Justice has been served today. The jury's verdicts help to close a notorious chapter in the history of America's publicly traded companies," said Rep. Michael Oxley, the Ohio Republican who co-authored the Sarbanes-Oxley corporate reforms.

http://www.boston.com/news/nation/washington/articles/2006/05/25/white_house_lawmakers_cite_skilling_lay_verdicts/?rss_id=Boston.com+%2F+News

[The Deacon]

1. Uhhh

I think I'm gonna hurl!!!

[wryter2000]

4. Ye gods

Don't you wish this would piss Kenny Boy off enough that he'd start singing about Cheney's energy task force?

[fooj]

2. Lay=Little Lord Pissypants...

dance outta that one, Snowjob!

[rodeodance]

3. very neutral response from Snow: uga uga

[superconnected]

5. Uh Sure.

"The administration has been pretty clear there's no tolerance for corporate corruption and, furthermore, the Justice Department has been going aggressively after those who are involved in corporate corruption," Snow said."

Who have they gone after so far?

Judging from everything the white house says as being backwards, I'm going to guess the statement really means:

"Everyone but the administration, has no idea, how much tolerance there is for corporate corruption, lessmore, everyone but the justice department, hasn't been going after those who aren't involved in corporate corruption."

So they're saying, "Don't worry corrupt-corporate america, we aren't coming after you but everyone else is."

[brentspeak]

6. The administration has no tolerance for corporate corruption?

That's great! So let's not waste any time; the Halliburton investigation starts tomorrow, ok?

[underpants]

7. LOL that's the funniest thing I have read all day

thanks for the laugh.

[Fenris]

8. LOL. That's a hoot!

"The administration has been pretty clear there's no tolerance for corporate corruption"

[xxqqqzme]

9. don't be so quick to close that book oxley!

There is still the issue of the California electric conspiracy concocted by enron.

I really do hate these people.

[truthisfreedom]

10. "The administration has been pretty clear..." oh, come on, tony, stop

playing games with us. "pretty clear?" clear as mud, you mean. they've ENCOURAGED corporate corruption with their no-bid contracts and all of the money pouring into Haliburton that jacks up cheney's stock by tens of millions of dollars. you're pathetic, tony, and so is bushco.