AOL News - Lay, Skilling Convicted in Enron Trial
After having watched the Mark Cuban-produced "The Smartest Guys in the Room" recently, I've followed the Enron trial (for former execs Lay and Skilling) since February when it started. Well, today, the verdicts were read: both men were found guilty on almost every charge before them. Lay was grilled with a guilty verdict on all six counts while Skilling was found guilty in 19 of 28 charges against him. Sentencing was set for September.
And so passes the case against two wealthy executives that were at the helm of the business world's Titanic-esque collosal collapse, Enron. These convictions will no doubt be discussed at length all over the web this summer before the sentences are handed down.
In my opinion, both are receiving exactly what they deserve. And now, life goes on :-)
Thursday, May 25, 2006
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