Ken Lay and Jeff Skilling found guilty!
Wow – I can’t believe it’s all over…. Ken Lay has been found guilty on all counts and Jeff Skilling on 19 out of 28 charges against him. (Link to Chronicle story here) Sentencing will begin on September 11th – which I’m sure will bring all sorts of fun new antics and courtroom adventures.
Both Lay and Skilling could face decades in prison – and at the respective ages of 64 and 52 that is a long long time in the slammer. Hope they look good in orange.
Having known people whose lives were so devastated by Enron scumminess, I know this must bring some tiny modicum of relief. Are they going to get their retirement savings, stock options or careers back?? Well no, but damn it feels good to know that these guys are getting their comeupance.
Justice has been served!
Well, it’s not over yet… but it might as well be. I am certain those two will appeal.
I logged onto the Chon web site at 11am today and their server had already crashed! Have you seen the ‘scorecard’ they developed. Too funny.