Wednesday, February 01, 2006

Enron trial

It will be interesting to see what happens in the Enron trials where prosecutors are trying to get Jeffrey Skilling and Kenneth Lay (a.k.a. Kenny Boy, to Bush) on conspiracy charges. While the delay since the company collapsed in December 2001 has been difficult not to attribute to political interference, the Economist reports that much of the testimony in the upcoming trial has been obtained (much in the way the Abramoff investigation will head) through plea bargains with lesser employees of Enron involved in the outright fraud that netted Lay and Skilling millions at the expense of the employees and shareholders of Enron. While it is anything but sure whether they will be found guilty, I sure hope they are.

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