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| subject: | Re: Enron - Skilling and Lay GUILTY of fraud and conspiracy!!! |
From: "Mark"
Oh, I don't disagree with you in the least on that point Rich. I just meant
that the impression that the media is fostering (to me anyway) is that
corporations are bad on widespread basis, when it's actually an
infinitesimal number of bad characters at hardly any companies.
"Rich Gauszka" wrote in message
news:44767391{at}w3.nls.net...
>I suspect that you read more into the evening news than what was said. This
>is about Enron and the trial/conviction of those who hurt a great deal of
>people and who should be hurt in turn. Unfortunately any punishment for
>Skilling and Lay won't even begin to compensate those who were hurt by
>these clowns
>
>
> "Mark" wrote in message
news:44766fa1$1{at}w3.nls.net...
>> Gary B. is right, despite the media hoopla (well deserved for the perps
>> in this case) the fact remains that only a dozen or so
>> executives/companies were charged/prosecuted for engaging in fraud out of
>> countless thousands.
>>
>> The impression left though, because of that hoopla, was that all of
>> corporate America are crooks, which is obviously a crock, but the
>> impression plays good on the evening news...
>>
>>
>> "Rich Gauszka" wrote in message
>> news:4475d7f0{at}w3.nls.net...
>>>
http://money.cnn.com/2006/05/25/news/newsmakers/enron_verdict/index.htm?cnn
=yes
>>>
>>> HOUSTON (CNNMoney.com) - Enron former chief executive Jeffrey Skilling
>>> and founder Kenneth Lay were found guilty Thursday of conspiracy and
>>> fraud in the granddaddy of all corporate fraud cases.
>>>
>>> On the sixth day of deliberations, a jury of eight women and four men
>>> convicted the former executives of misleading the public about the true
>>> financial health of Enron, whose collapse in late 2001 symbolized the
>>> wave of corporate fraud that swept the United States early this decade.
>>>
>>>
>>
>>
>
>
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