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Thursday, May 25, 2006

The boomers of Enron: guilty of fraud, conspiracy

"In the end, the jury just could not swallow the defense put forward by Enron's Ken Lay and Jeffrey Skilling.

The eight women and four men rendered their verdict after less than six days of deliberations in federal court and found former Enron chief executives Lay and Skilling guilty of fraud and conspiracy in the demise of the energy company that was once the darling of Wall Street."

"Enron Jurors Say Lay, Skilling Defense Fell Flat"
Reuters

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