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Enron's Skilling Seeks New Trial

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 04:22 PM
Original message
Enron's Skilling Seeks New Trial
Source: ABC News

Imprisoned former Enron chief executive Jeffrey Skilling asked Friday for a new trial, saying the Justice Department used incorrect legal theories and "coercive and abusive tactics" to win a conviction.

Skilling was sentenced last October to more than 24 years in prison for his role in the collapse of Enron Corp., once the nation's seventh-largest company. He was convicted along with company founder Kenneth Lay on May 25, 2006, on 19 counts of fraud, conspiracy, insider trading and lying to auditors.

Skilling reported to a federal prison in Minnesota in December. Lay died before his sentencing date.

Skilling is the highest-ranking executive to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than $2 billion in employee pension plans after the company imploded in 2001.



Read more: http://abcnews.go.com/Business/wireStory?id=3572250



STFU Jeff and do your time like a man! Personally I think you ought to run the gauntlet of Enron employees and consumers you and Lay screwed over.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 04:31 PM
Response to Original message
1. I'm sure he'll be on Bush's 1/20/2009 pardon list anyway
nt
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Gato Moteado Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 05:19 PM
Response to Original message
2. he's pissed that lay got to fake his death and scram
my guess is he'll blame it all on the "dead" guy and walk free.

what a racket.
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NanceGreggs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 05:28 PM
Response to Reply #2
3. Bingo!
Skilling just remembered that it was Kenny-Boy who was behind everything.

The defense wishes to call Mr. Kenneth Lay to the stand -- oh, that's right, he's dead. Guess he won't be able to contradict Mr. Skilling's version of events, will he?

How convenient.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-07-07 11:14 PM
Response to Original message
4. I'd like to watch the judge
bang his gavel after orating loudly "Request Denied!"
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